Story cover for Why Dilapidations Surveys Matter in Long-Term Leases by ashd2323
Why Dilapidations Surveys Matter in Long-Term Leases
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Ongoing, First published Nov 14, 2024
In long-term leases, a property may go through significant changes due to regular use and ageing. A dilapidations survey is essential in these cases, as it helps to:
Manage Property Disrepair: Over time, properties naturally experience wear and tear. In a long-term lease, this disrepair may accumulate, making it difficult for tenants to meet end-of-lease obligations without significant, last-minute repairs. The survey helps identify these issues early.
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