Dilapidations
Dilapidations
Dilapidations refers to an alleged breach of covenant within a lease agreement, as well as the work which the tenant is required to carry out to remedy the breach.
As a property occupier or owner, dilapidations should be considered at the earliest opportunity as it affects leases from the initial agreement, during the term of the tenancy, through to negotiation of building work or agreement of a financial settlement.
Taking advice early on can ensure a suitable strategy is formalized and implemented, to help minimize potential liabilities and achieve the best outcome.
Specialising in dilapidations, we pride ourselves in providing our clients with detailed and pragmatic advice. Following a review of the scenario, we present likely outcomes from which we tailor a suitable implementation strategy. We provide both occupier and owner related dilapidation services, so whether you are interested in assessing your potential liability, preparing an exit strategy, have been served with a schedule of dilapidations claim or wish to prepare and serve a claim on a tenant AMC Property can help. Contact us for more information and a no obligation discussion regarding your property matter.
Dilapidation claims typically can include the following repair obligations;
- Repair work internally & externally
- Removal of alterations made
- Redecoration internally and externally
- Reinstatement of the property back to the condition in which the property was taken on
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Services & statutory related works
Landlord Services
We provide inspection, lease review, preparation of Schedules of Dilapidation, as well as dilapidation liability assessments, to assist our clients with ensuring timings and the approach are suitable for addressing tenant related dilapidation obligations in accordance with the leasehold agreement held at the property.
In the event that the tenant has let the property deteriorate to a detrimental condition, we are also able to provide strategic advice in relation to repair notices and access to undertake emergency work.
Tenant Services
Being served with a schedule of dilapidation’s by your Landlord can be daunting. To help with this, we provide tenant representation, reviewing dilapidation claims being made by the Landlord or their representative, as well as provide negotiation services to help bring these matters to a conclusion. We also provide tenant focused dilapidation liability assessments and provide strategic advise to help better manage dilapidation obligations whilst also focusing on limiting any potential liability to the Landlord.
AMC Property dilapidation services:
- Inspection and preparation of schedule of dilapidation claims
- Pre-expiry dilapidation assessments
- Dilapidation negotiation for Landlord and Tenants
- Schedule of conditions
- Break clause compliance
- Lease exit strategies
- Dilapidation claim reinstatement works including contract administration and project management
