Top 3 Reasons Why a Condition Report is important for a New lease

10 Apr Top 3 Reasons Why a Condition Report is important for a New lease

1. Most Leases refer to the condition of the premises prior to tenant occupation of the lease – A condition report from an independent organisation is important as it is a true representation of the condition of the property prior to tenant occupation. Without one it is almost impossible to ascertain your makegood requirement which in most instances requests for the tenancy to be returned to its original condition.
2. So as not to inherit building defects – Upon occupation of the site most leases refer ongoing maintenance and upkeep to the tenant. If there is an inherent defect commonly within finishes (floor, wall ceiling), services, glazing or hardware it becomes the tenants problem. It is important to have a detailed condition report outlining these defects so that they can be rectified and not made the lessee’s ongoing problem.
3. Details that you might not see yourself – It’s difficult to look for defects in an office even if they are staring you in the face. Especially when building inspections are not your job! A condition report needs to meticulously screen the area in question in a systematic order so as not to miss a thing.