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dilapidations - hidden lease clause. Get legal advice from bira legal. British Independent Retailers Association
By bira
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Dilapidations – the hidden lease clause

Don’t get caught out with the bills for updating your property at the end of the lease, warns ex-bira president Gary Gordon

When signing a lease, we are always told to seek legal advice. Your legal eagle must check the terms to see if the landlord, or his or her solicitor, has sneaked in any extra demands in the clauses.

There is one clause, however, that lurks in every lease – dilapidations. This states that on vacating the premises, you must return the property to the landlord in good condition. As it is so standard, its implications tend to be overlooked by everybody. As are the penalties it carries.

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