Beware
bear traps
We’ll help protect you
If a part of the property is in disrepair before you sign the lease, be careful you are not required to ‘put into repair’ or worse, if the repair is not possible, be responsible for renewing it:
Although you might be able to exercise a break clause, if the landlord considers that you have not complied with certain conditions - such as compliance with decorating, repair and/or reinstatement covenants – he/she might refuse to accept the break. It’s critical you understand this from the outset.
If the landlord considers that the Terminal Schedule of Dilapidations has not been complied with fully, you might be liable for unbudgeted additional costs such as the landlord’s:
- Loss of rent, whilst works are being undertaken
- Professional fees incurred - uncapped
