A schedule of condition is a factual record of the condition of a property. The report is date-specific so that condition can be assessed at future dates and any variation from the original report can be easily identified. We prepare schedules of condition for both commercial and residential clients; our RICS accreditation ensures that our reports carry weight for any future claims or negotiations.
Schedules of Condition are a fundamental component of what we do and feature in many aspects of our services including:
- Commercial Leases
- Residential Leases
- Party Wall Matters
Commercial and Residential Leases
If you are entering into a new lease for commercial or residential premises we would recommend that you have a full photographic and description schedule of condition carried out before occupation. Our thorough reports record any existing faults and the associated repairs costs prior to a commitment being made and can help with any lease negotiations you may wish to commence. Schedules of condition are also fundamental as they limit your liabilities in respect of the repairs required to be undertaken before the termination of the lease appended to it.
Party Wall Matters
Schedules of Condition are also a prepared when the Party Wall Act 1996 applies to any building or refurbishment work carried out. This is in order to provide evidence of the condition of a neighbouring building prior to these works being undertaken. See Party Wall Matters for more information.