The dilapidation obligations are an important part of any commercial lease and the process can be complex and challenging.
A dilapidations claim is normally prepared by the landlord’s surveyor who produces a dilapidations assessment (Schedule of Dilapidations and Quantified Demand), which is then served on the tenant. Dilapidations assessments essentially involve the costs of restoring a property to its original or pre-let state. They become increasingly important when occupiers are reaching the end of a lease term or considering implementing a break option.
We can offer support and advice to tenants and landlords to efficiently negotiate and agree dilapidations claim settlements in an objective, constructive and professional manner. We can advise on strategic options with the aim to achieve the best value result, using the defined protocol, and avoiding potentially costly court proceedings.
Our services include:
- Dilapidations Assessments.
- Guidance on your break clause, lease end or exit strategies.
- Negotiation and agreeing interim works or terminal settlements.
- Liaison with specialist consultants where necessary.
- Administering agreed dilapidations works where necessary.
