A photographic and written record of the premises' condition at lease commencement.
Lease structure · UK
A photographic and written record of the premises' condition at lease commencement.
Appended to the lease, the Schedule of Condition caps the tenant's repair and dilapidations obligations to the standard recorded. Essential on older buildings. Commission a chartered building surveyor — do not rely on photos alone.
Schedule of Condition is part of the lease structure vocabulary that institutional Class A occupiers, landlords, and advisers use across UK markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the UK definition alongside the global standard so cross-border occupiers can translate quickly.