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Schedule of Condition

This type of report itemises the condition of a building when, for example, it is to be leased by a prospective tenant.

After the premises have been surveyed, the condition is established, recorded and attached to the lease as a Schedule of Condition.

What this includes:
bullet point condition of the building inside and out
bullet point roof structure and coverings
bullet point condition of inside paintwork and wall coverings
bullet point materials used such as flooring and ceilings
bullet point any man-made defects such as damage to plaster or paint work
bullet point any structural defects such as damp or timber defects
A survey will establish the condition of the premises, giving an indication of work that may be needed, both immediately and later.

Most commercial leases are on a full repairing and insuring basis which requires a tenant to put and keep the property in good repair so that when they leave, the property is the same condition as is detailed in the report.

Hence, the Schedule of Condition is used to check that the building has been left in the same, or better condition at the end of the lease.

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