schedules of condition
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A schedule of condition records the state of a property at a particular time. Consisting of both a written report and referenced photographic evidence, they are commonly used at the start of a lease to clearly document the condition of the building prior to tenants taking occupation, or before any building works are carried out nearby to compare with if damage from the works is suspected.
A schedule of condition is also advisable when a neighbour is undertaking refurbishment or development works, particularly if these works are to shared walls and structures, and in many cases, a schedule of condition is completed with a party wall award.
FREQUENTLY ASKED QUESTIONS
What is the definition of a Schedule of Condition?
This is a factual record of the condition of a property usually prepared for legal or contractual reasons. It may be beneficial to seek agreement of the other party to ensure that it is a fair reflection at the time of writing.
Do I have to agree to a party wall agreement?
What is a schedule of dilapidation?
This describes any defects present during the term of a lease or at the end which breach the terms of the agreement and which the landlord requires to be made good.
What does a schedule of condition survey cost?
Costs will vary depending on the size and complexity of a property but can be from as little as several hundred pounds. However they can save a landlord many times this amount in the event of a dispute.
OUR SCHEDULED CONDITION CASE STUDIES
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Cardoe Martin Limited, Portsoken House, 155-157 Minories, London,
4th Floor Davis House
Croydon CR0 1QQ