schedule of dilapidations

schedule of dilapidations
A list of items that are in need of repair and which are the responsibility of a tenant because of its repairing obligations under a lease. See also dilapidations.
Most commercial leases allow the landlord to serve notice on the tenant, listing items that are in disrepair and requiring the tenant to comply with its repairing obligations. A schedule of dilapidations is usually a list of dilapidations served on the tenant at the end of the lease, but may occasionally refer to a list of dilapidations served on the tenant during the term of the lease.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • dilapidations — A tenant s repairing obligations under a lease are often to keep the premises to a standard of repair and to ensure that the standard is maintained on termination of the lease. The standard is measured against the condition of the premises at the …   Law dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”