RICS-compliant Schedule of Condition Reports
Schedule of Condition reports serve as an objective record of a property’s condition at a specific point in time, reducing the risk of future disputes and unexpected liabilities. They are commonly used by tenants to limit liability when entering into a commercial lease, by protecting against costly dilapidations claims made by landlords at the end of a tenancy. Such reports are also commissioned by Landlords, as a safeguard against future disputes and to ensure tenants are held responsible for any damages they may cause during a tenancy. A Schedule of Condition may also be required to record the condition of a property prior to the commencement of building works, possibly in relation to a Party Wall Award.
Reports are typically in the combined photographic and written format, comprising a full photographic schedule along with a cross-referenced written schedule describing the condition of each building element.
Tony's defect diagnosis expertise acquired in large part from his Expert Witness experience, combined with his commercial background and experience in dilapidations matters, make him ideally placed to identify and suitably record issues in Schedule of Condition reports to safeguard clients against future liabilities.
