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Browse the questions we tend to get asked most around Dilapidation matters.
Whilst a building surveyor can act for both landlords and tenants separately in dilapidations claims, crucially they cannot act for both parties in the same dilapidations claim as this would be a clear conflict of interest and the RICS has strict rules around this. This goes for different surveyors in the same firm also as the firm itself would be conflicted.
By maintaining the property during the lease and using a pre-lease Schedule of Condition to document existing issues.
A schedule of dilapidations address breaches of lease terms, such as required repairs, ensuring properties are maintained and landlords’ investments are protected.
Interim claims occur during the lease term, while terminal dilapidations are assessed at the lease’s end.
The term ‘FRI’ when referring to commercial leases stands for Full Repairing and Insuring (FRI). This means that the tenant will hold full responsibility for the whole of the property and not just part of it in terms of maintaining and insuring. This will extend to the structure, external and internal building fabric and finishes along with mechanical and electrical services, external areas, boundaries and even underground drainage runs that serve the property.
When entering into a commercial lease as a tenant it is extremely important you understand the nature of the lease and your responsibilities under it and do your due diligence before committing. This is where a commercial building surveyor can help by carrying out a building survey or schedule of condition and even review certain lease covenants to ensure your commercial position is protected as much as possible.
From my initial enquiry to the completion of the work Bressummer A.R.K carried out for me, this company has been nothing short of exceptional. The business has supported me throughout my survey with professionalism, care and honesty.
I cannot recommend this business highly enough and should the opportunity arise will not hesitate to use them again in the future.
Thank you so much!
Olive Blossom Bridal Limited
It’s important, in order for us to understand your requirements from the outset in order to give the best commercial building consultancy advice we can.
Enquire