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Make Good & Dilapidation Reporting

Dealing with Dilapidations and Make Good in commercial lease transactions is highly technical and can be costly. But knowing the rules on building maintenance, fair wear and tear, yielding up and make good will save time and money.

Dilapidations are breaches of covenant to repair a premises contained in a lease. Breaches can take many forms, and are often wrongly considered by both Landlords and Tenants as insignificant in comparison with rent, outgoings and service charges when they are seeking new premises. However, the liability to repair can have serious financial implications and therefore the advice of a Valuer on opportunities to avoid, limit or mitigate dilapidations before entering into a lease, during a lease or at lease end should be obtained.

Our Valuers prepare:

Dilapidations and Make Good obligations are complex and contentious. No two claims are identical and lease covenants vary considerably. It therefore follows for the prudent Landlord or Tenant seek the advice of a Valuer before agreeing to a new lease, when served with a schedule of dilapidations or make good at lease end.

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