Schedules of Condition

Schedules of Condition Overview

A Schedule of Condition records the condition of a building at that point in time. It gives you peace of mind, prior to signing any lease, as it helps limit your liabilities to only future repairs needed – instead of financially tying you to the defects caused by the outgoing tenant. At the end of your lease you can use the Schedule of Condition, to help limit your liabilities and potentially save you thousands in unnecessary works when served with a Schedule of Dilapidations.

If you’re looking to carry out party wall works, it’s also a good idea to prepare a Schedule of Condition. It can append your Party Wall Award, as a record of any defects and faults to the property, prior to any works being carried out – so both parties of aware of pre-existing damage before the works commence.