An alternative to a Commercial Building Survey for Leasehold property.  A concise record of condition/disrepair of the building at the commencement, during or at the end of a lease. This is a vital source of reference for either landlord or leaseholder to record the state of repair of a leasehold premises with reference to the lease agreement to identify precise repairing obligations.

If you are about to enter a lease agreement it is worth remembering that for the relatively small cost of compiling a schedule of condition, you may save a small fortune in paying for repairs at the expiration of the lease.

 

It is regrettable that many individuals commit themselves without fully considering the cost of repairing obligations.

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