Dilapidations in a Nutshell for Tenants and Leaseholders
Further Key Questions About Dilapidations
We market the services of independent Surveyors. Surveyors pride themselves on a high standard of work. We can offer Schedules of Condition with regard to leases , Property Reports, Schedules of Dilapidations, Scott Schedules, Commercial Building Surveys, Structural Reports, Specific Defects Reports. Note these are not for bank lending but are to advise you how much we feel the property is really worth. If you have a property problem we may even already have written an article on it and we would refer you to the many articles we have on our home page 1stAssociated.co.uk. use independent surveyors who are more than happy to chat. Please Free phone us on 0800 298 5424 and surveyor will call you back.
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What are Dilapidations?
It is very difficult to define in a few words, basically it occurs when a Landlord and a tenant have taken out a Lease agreement and the Lease has come to an end or the tenant / business owner has decided to leave, and the Landlord requires the building to be left in a suitable condition for him to re-rent, as set out within the terms of the Lease and any Licences that have been issued.
What is a Licence?
A Licence is a formal approval by a Landlord of an alteration or addition that the tenant requires.
What sort of Surveyor?
Many Building Surveyors specialise in Dilapidations work and are the most common type of Surveyor found carrying out this discipline; in fact some practices specialise in this area.
What sort of fees should I expect?
The RICS guidance with regard to fees is that they should not be based upon a commission basis, i.e. based upon the savings obtained by the Surveyor working for the tenant or the size of the claim if working for the Landlord. Fees should be based either on an hourly rate, a day rate, or a fixed charge. Very few surveyors will work for a fixed cost due to it being very difficult to establish how much time will be taken in dealing with such a claim.
lease telephone us on 0800 298 54 24 for an hourly or daily rate.