Dilapidations

Dilapidations are an area often overlooked by clients, and usually at their peril! A failure to adequately identify defects prior to the signing of a lease can mean that liability for addressing these problems, and the costs associated, are automatically inherited.

Route One Offers

• Extensive experience in representing clients who are both landlords and tenants ensuring correct results based on individual circumstances.
• Valuable assessment reports on the likely exposure and liability from dilapidations prior to entering leases.
• Where timescales allow, identifying breaches of covenant under the terms of the lease on behalf of tenants, arranging specifications of work and completing works prior to lease end.
• Close working relationships with the clients’ legal teams to determine the implications of salient clauses including conditional breaks, accurately identifying key legal responsibilities.

Route One has been instrumental in ensuring that key pitfalls are avoided. Whether acting on behalf of the landlord or tenant, we understand the importance of forward planning, whether via agreeing schedules of condition or changes to repairing obligations under the lease, to offer the necessary financial protection to the client.

Armed with some specific information on a space, Route One is able to accurately provide an evaluation on potential dilapidations claims when viewed in connection with lease documentation. This can prove a cost-effective method for landlords and tenants alike to use when planning future budgets.