Schedules of Condition for Commercial Tenants and Landlords

Schedules of Condition for Commercial Tenants and Landlords

Our schedules of condition are a detailed recording of a property’s condition to help avoid expensive and unnecessary complications at the end of a commercial lease.

Commercial schedules of condition can be used by both tenants and landlords to accurately record the condition of a property when entering a new lease.

The document provides a forensic look at all aspects of the property, recording issues as minor as worn carpets, or paint splatters on doorframes, with accompanying photographs.

Written record

A detailed written record of the general condition of the property

Photographic record

Photographic record of the condition of the property

Agreed benchmark

Agreement by both parties on how the property should be left at the end of the tenancy

The purpose of the Schedule of Condition is to protect both the landlord and the tenant from potentially expensive repair costs.

At the beginning of a new lease, both parties agree on the general condition of the property and how it should be returned when the lease ends. This is documented within a written condition report with corresponding photos.

Upon vacation of the property, a second inspection is carried out by an agent of the landlord to ensure the agreed conditional benchmark has been met.

For landlords, a schedule of condition insures the property is well maintained. For tenants, is helps avoid any unnecessary repair costs and ensures they are not obligated to return the property in a better state of repair than it was at the start of the lease.