Avoid Repair Shock at Lease End with a Clear Schedule of Condition Survey
At the end of a lease, many tenants are surprised by repair bills they didn't anticipate. Under leasing and rental agreements that never took into account 10% of annual costs for repairs or maintenance, scuffed walls, worn floors, failing services, or the defects associated with age are immediately classified as new damage, and costs skyrocket rapidly. Landlords are concerned to preserve the value of their investment, and occupiers do not want to pay for fair wear and tear, just historic neglect. A good schedule of condition survey at the beginning of the lease will avoid most of these disputes. It documents the property as it really looks, so you aren't held responsible for issues that were already present later on. You have a record as a fair starting point, rather than relying on memories or old emails. This guide will explain why this simple step is important. Why Lease End Bills Catch Tenants Off Guard? At the end of a lease, arguments often start with different memori...