Whether you are a landlord or tenant, capitalise on opportunities and mitigate against risk by seeking impartial advice on your lease as early as possible.
We can assist with all aspects of your leased property. We regularly advise clients on heads of terms, pre-letting programmes, lease structuring, lease negotiations and asset management.
Upon the termination of a lease it is common for tenants to be served with dilapidation claims equivalent to more than a year’s rent. We recognise that many tenants in the UAE are not adequately represented. They often experience lengthy negotiations, landlord biased leases, dis-satisfied settlements and costly reinstatement claims. We offer a new approach to dilapidation review, management and negotiation by combining the in-house expertise of RICS chartered building and quantity surveyors with in-house legal counsel to provide the client with a single point of contact for all matters relating to dilapidation claims.
Schedules of condition are attached to leases to evidence the condition of the property at the commencement of the lease term. They are critically important to the lease document because they provide certainty as to the condition that the tenant must return the premises at lease expiry. Coupled with adequate lease provisions they serve to protect both the landlord and the tenant by avoiding disputes around the tenant’s repairing obligation.
A professionally prepared detailed schedule of condition survey and report is pivotal before the commencement of any commercial lease because it is extremely difficult for a tenant to determine the validity of any landlord’s dilapidations claim.
Our focus when preparing the report is to mitigate your exposure from incurring costs for repairs and reinstatement works that exceed your contractual obligations.
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