As a landlord, it’s possible that at some point in the future you may have to make a dilapidations claim at or near the end of the lease term in question.
But what are dilapidations and what will you need to sort out if you do have to go down this route because of the condition that your tenants have left your property in.
Firstly, remember that if you do have to make a dilapidations claim, using the services of a chartered building surveyor will truly prove invaluable as they’ll be able to give you clear information and advice to navigate your way through the process.
Before a lease comes to an end, you may have to serve your tenants with notices so they reinstate any alterations made to the property. A Schedule of Dilapidations and a Quantified Demand should be issued within around two months of the lease term.
Remember that the usual tenant obligations are generally considered to be keeping or putting the demised premises in repair, redecorating previously painted elements, ensuring the demise complies with statute and removing all tenant alterations at lease expiry, repairing and making good anything disturbed.
Once the Schedule of Dilapidations and Quantified Demand have been served, the tenant is given a number of options that include negotiating with the landlord or undertaking the works in question to result in lease compliance.
From a landlord perspective, the main consideration to bear in mind where dilapidations are concerned (and make no mistake, this is a complex area of the law) is what the landlord has suffered because of the breaches of the lease. If you need any further help or advice, get in touch with us today.
Check out the Royal Institution of Chartered Surveyors’ website for further information.