Schedule of Reinstatment / Dilapidation

Schedule of Reinstatement is a document which records the state of disrepair of a property and the required remedial works necessary to remedy the property together with itemised cost estimates.

This document is often prepared at or prior to the termination of a Deed of Lease for commercial property premises and will generally include cost estimates.

Terminal schedules specifically are undertaken prior to the termination of the Lease and record the remedial works to be undertaken at the expiration or earlier of Lease. Interim schedules detail items of disrepair arising from failure to comply with the terms or covenants of the Lease and are required to be remediated during the term of the Lease.