Dilapidations is conventionally regarded as a lease-end issue, and with good reason. But with care and foresight in the lease drafting, and effective communications between client and professional team, the scope for surprises and disputes can be significantly reduced. Partly that is a matter of understanding principles of interpretation as applied to repair covenants, but it is also a matter of getting an appreciation of where the risk areas may be, and what can be done in the lease drafting and in pre-lease investigations to cut the risk down.
This webinar considers:
Interpretation of repair obligations
Some common causes of dilapidations disputes
The role of schedules of condition
Technical Due Diligence and other investigations
Common drafting pitfalls and the value of a ‘round table’ approach