Where there are disputes between property owners and contractors specialist input is often needed to report and give a professional opinion for clients and/or their legal advisors.
Dispute resolution services are available to clients who require specialist reports and opinions about building defects and unsatisfactory work by contractors. The aim is to bring both sides together to hopefully avoid the delay and expense of litigation.
SCHEDULE OF CONDITION
Schedules of Condition are traditionally undertaken prior to the commencement of a lease or license and are often attached to the lease to establish the condition of the property at that point. Such schedules can also be undertaken on surrounding buildings when development is anticipated.
Schedules of Condition can be invaluable at the end of a lease term when dilapidations may be negotiated, and can determine the condition of a property at a given point. Schedules of Condition comprise a detailed written description of condition supported by photographic evidence.
SCHEDULE OF DILAPIDATIONS
A Schedule of Dilapidations clearly defines the items that are in disrepair. These items may form part of a repairing covenant through which either a landlord or tenant has obligations. The Schedule of Dilapidations is a written document formed in a Scott Schedule and can be supported by photographs.
LIFE INTEREST CALCULATIONS
To determine the division in the current values of a property between a person with a life interest in a property and a person with a reversionary interest in the same property.
The valuation of immovable property for the purpose of establishing the total value of a person’s estate upon demise.