Schedule of Condition
A Schedule of Condition records the state and condition of a property on a specific date.
They can be used for a variety of purposes; with leasehold properties to determine the extent of disrepair at the end of a lease term or to limit the Tenant’s liability for future repairs in compliance with a new lease.
They can also be used to record the condition of adjacent properties prior to commencing building works and for inclusion in a party wall award, or simply for peace of mind to record the condition of surrounding areas prior to commencement of any building works.
The purpose of the condition report will determine the scope of the survey and detail to be included within the schedule of condition.