Published: 24/10/2024
Yes, there are specific instructions for the handover process in commercial property, and they’re usually outlined in your lease agreement. This is called "dilapidations" and refers to the tenant’s responsibility to return the property to its original condition (or agreed state) at the end of the lease.During the handover, both parties usually perform a final inspection, ensuring that any repairs, maintenance, or cleaning tasks have been completed as required. If something is out of order, the landlord can request the tenant to fix it or deduct the cost from the deposit.
Understanding these instructions upfront helps you avoid last-minute surprises and ensures a smooth handover.