Delapidations

Posted by The Doctor PM | on Mon, 13/02/2012 - 08:35 785 3 comments | report

I have a client with a sizeable rental property portfolio. I realise that you would normally include a Delapidations provision when you ar the lessee and not the lessor, however, my client has an obligation to keep the properties in a reasonable state of repair as lessor and so would it be reasonable to include a provision?

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No

Cloudcounter | Mon, 13/02/2012 - 10:43

@Cloudcounter

thisistibi | Mon, 13/02/2012 - 10:53

Agree with above.

khalm0 | Mon, 13/02/2012 - 16:59