Dilapidations

Dilapidations are an area often  overlooked by clients, and usually at their peril! A failure to adequately identify defects prior to the signing of a lease can mean that liability for addressing these problems, and the costs associated, are automatically inherited.

In a number of instances we have been instrumental in ensuring that schedules of condition have been attached to lease to offer the necessary financial protection.

  • Extensive experience in representing clients who are both landlords and tenants ensuring correct results based on individual circumstances.
  • Offering clients valuable assessment reports on the likely exposure and liability from dilapidations prior to entering leases.
  • Where timescales allow, identify breaches of covenant under the terms of the lease on behalf of tenants, arranging specifications of work and completing works prior to lease end.
  • Working closely with the clients legal teams to determine the implications of salient clauses including conditional breaks accurately identifying key legal responsibilities.

Route One have been instrumental in ensuring that key pitfalls are avoided. Whether acting on behalf of the landlord or tenant, we understand the importance of forward planning, whether via agreeing schedules of conditions or changes to repairing obligations under the lease, to offer the necessary financial protection to the client.

Route One offers:

  • Extensive experience in representing both landlords and tenants to ensure fair results based on individual circumstances
  • Clients assessment reports on their likely exposure and liability for dilapidations prior to entering leases
  • Identification of breaches of covenant under the terms of the lease on behalf of tenants; arranging specifications of work and completing works prior to lease end
  • Working closely with the client’s legal team to determine the implications of salient clauses including conditional breaks and accurately identifying legal responsibilities

Armed with some specific information on a space, Route One is able to accurately provide an evaluation on potential dilapidations claims when viewed in connection with lease documentation. This can prove a cost effective method for landlords and tenants alike to use when planning future budgets.

If you would like a fee quotation for this service please contact us.

Related Case Studies >

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“Identification of key defects and reinstatement is key to the accurate preparation or defence of a dilapidations claim”