To speak to a surveyor, please call: 01392 495604

Due Diligence For Tenants

Posted on July 14, 2015 by Forde George

Whilst Commercial Landlords are generally well versed in the matters of property acquisition and management, this is often the last thing on the minds of Tenants taking a lease of new premises. They often overlook the importance of assessing the building’s condition prior to accepting potentially onerous repairing responsibilities, this never more critical than at the end of the lease or at a breakpoint within the lease period. At Forde George building surveyors devon, we often see Tenants poorly represented when leaving premises or attempting to break a lease, being faced with substantial dilapidation claims or the risk of breech of covenants preventing the lease break.

It is therefore essential to appoint a Chartered Building Surveyor to not only review the condition of the building, but also assess the Tenants repairing obligations, highlighting any potentially onerous Covenants. Our experienced building chartered surveyors at Forde George can also assist in limiting Tenants exposure to dilapidation claims by highlighting issues, negotiating responsibilities out of the lease or preparing Schedules of Condition.

Posted in Purchasing Property | Comments Off on Due Diligence For Tenants |

Comments are closed.

Developers and Investors

Condition Surveys Derelict Barn Complex Tonedale Mill Dilapidation Survey Party Wall Matters Planned Maintenance Programs

Specialist advice for those owning or purchasing property.

Find Out More »

Commercial Occupiers

Condition Surveys Condition Surveys Shedules of Dilapidations Fire Reinstatement Defect Analysis

Specialist advice for Commercial Occupiers.

Find Out More »

Residential Services

Pre-acquisition Condition Surveys Refurbishment and Design Contract Administration Reinstatement Valuation New Build and Design

Specialist advice for Residential Services.

Find Out More »

Historic Buildings & Estates

Condition Survey Conservation Services On-going Conservation Commissions Planned Maintenance and Conservation Advice

Specialist advice for those owning or purchasing Historic Buildings or Estates.

Find Out More »