Tag: commercial property law

Why it is beneficial to a tenant to have a schedule of condition when signing a commercial lease

Array ( [thumbnail] => Array ( [ID] => 38747 [id] => 38747 [title] => Schedule of condition Feb20 [filename] => Schedule-of-condition-Feb20.jpg [filesize] => 865878 [url] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [link] => https://www.beswicks.com/why-it-is-important-to-have-a-schedule-of-condition-when-signing-a-commercial-lease/schedule-of-condition-feb20/ [alt] => Schedule-of-condition [author] => 3 [description] => [caption] => [name] => schedule-of-condition-feb20 [status] => inherit [uploaded_to] => 38746 [date] => 2020-02-04 15:57:15 [modified] => 2020-03-25 10:02:36 [menu_order] => 0 [mime_type] => image/jpeg [type] => image [subtype] => jpeg [icon] => https://www.beswicks.com/wp-includes/images/media/default.png [width] => 1000 [height] => 695 [sizes] => Array ( [thumbnail] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-150x150.jpg [thumbnail-width] => 150 [thumbnail-height] => 150 [medium] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-300x209.jpg [medium-width] => 300 [medium-height] => 209 [medium_large] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [medium_large-width] => 640 [medium_large-height] => 445 [large] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [large-width] => 640 [large-height] => 445 [1536x1536] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [1536x1536-width] => 1000 [1536x1536-height] => 695 [2048x2048] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [2048x2048-width] => 1000 [2048x2048-height] => 695 [hero-desktop] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-945x810.jpg [hero-desktop-width] => 945 [hero-desktop-height] => 810 [hero-555x476] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-555x476.jpg [hero-555x476-width] => 555 [hero-555x476-height] => 476 [hero-345x296] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-345x296.jpg [hero-345x296-width] => 345 [hero-345x296-height] => 296 [hero-mobile] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-767x484.jpg [hero-mobile-width] => 767 [hero-mobile-height] => 484 [cms-mobile] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-690x348.jpg [cms-mobile-width] => 690 [cms-mobile-height] => 348 [cms-mobile-xs] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-576x291.jpg [cms-mobile-xs-width] => 576 [cms-mobile-xs-height] => 291 [profile-thumb] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-200x190.jpg [profile-thumb-width] => 200 [profile-thumb-height] => 190 [A4] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [A4-width] => 210 [A4-height] => 146 [news-thumb] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-546x425.jpg [news-thumb-width] => 546 [news-thumb-height] => 425 [news-thumb-xs] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-480x374.jpg [news-thumb-xs-width] => 480 [news-thumb-xs-height] => 374 [news-featured] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-1365x770.jpg [news-featured-width] => 1365 [news-featured-height] => 770 [news-featured-lg] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-690x389.jpg [news-featured-lg-width] => 690 [news-featured-lg-height] => 389 [news-featured-sm] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-480x271.jpg [news-featured-sm-width] => 480 [news-featured-sm-height] => 271 [contact-690x261] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-690x261-width] => 376 [contact-690x261-height] => 261 [contact-405x153] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-405x153-width] => 220 [contact-405x153-height] => 153 [contact-300x114] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-300x114-width] => 164 [contact-300x114-height] => 114 [contact-440x167] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-440x167-width] => 240 [contact-440x167-height] => 167 [contact-550x208] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-550x208-width] => 299 [contact-550x208-height] => 208 ) ) [featured] => Array ( [ID] => 38747 [id] => 38747 [title] => Schedule of condition Feb20 [filename] => Schedule-of-condition-Feb20.jpg [filesize] => 865878 [url] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [link] => https://www.beswicks.com/why-it-is-important-to-have-a-schedule-of-condition-when-signing-a-commercial-lease/schedule-of-condition-feb20/ [alt] => Schedule-of-condition [author] => 3 [description] => [caption] => [name] => schedule-of-condition-feb20 [status] => inherit [uploaded_to] => 38746 [date] => 2020-02-04 15:57:15 [modified] => 2020-03-25 10:02:36 [menu_order] => 0 [mime_type] => image/jpeg [type] => image [subtype] => jpeg [icon] => https://www.beswicks.com/wp-includes/images/media/default.png [width] => 1000 [height] => 695 [sizes] => Array ( [thumbnail] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-150x150.jpg [thumbnail-width] => 150 [thumbnail-height] => 150 [medium] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-300x209.jpg [medium-width] => 300 [medium-height] => 209 [medium_large] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [medium_large-width] => 640 [medium_large-height] => 445 [large] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [large-width] => 640 [large-height] => 445 [1536x1536] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [1536x1536-width] => 1000 [1536x1536-height] => 695 [2048x2048] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [2048x2048-width] => 1000 [2048x2048-height] => 695 [hero-desktop] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-945x810.jpg [hero-desktop-width] => 945 [hero-desktop-height] => 810 [hero-555x476] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-555x476.jpg [hero-555x476-width] => 555 [hero-555x476-height] => 476 [hero-345x296] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-345x296.jpg [hero-345x296-width] => 345 [hero-345x296-height] => 296 [hero-mobile] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-767x484.jpg [hero-mobile-width] => 767 [hero-mobile-height] => 484 [cms-mobile] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-690x348.jpg [cms-mobile-width] => 690 [cms-mobile-height] => 348 [cms-mobile-xs] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-576x291.jpg [cms-mobile-xs-width] => 576 [cms-mobile-xs-height] => 291 [profile-thumb] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-200x190.jpg [profile-thumb-width] => 200 [profile-thumb-height] => 190 [A4] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [A4-width] => 210 [A4-height] => 146 [news-thumb] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-546x425.jpg [news-thumb-width] => 546 [news-thumb-height] => 425 [news-thumb-xs] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-480x374.jpg [news-thumb-xs-width] => 480 [news-thumb-xs-height] => 374 [news-featured] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-1365x770.jpg [news-featured-width] => 1365 [news-featured-height] => 770 [news-featured-lg] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-690x389.jpg [news-featured-lg-width] => 690 [news-featured-lg-height] => 389 [news-featured-sm] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20-480x271.jpg [news-featured-sm-width] => 480 [news-featured-sm-height] => 271 [contact-690x261] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-690x261-width] => 376 [contact-690x261-height] => 261 [contact-405x153] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-405x153-width] => 220 [contact-405x153-height] => 153 [contact-300x114] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-300x114-width] => 164 [contact-300x114-height] => 114 [contact-440x167] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-440x167-width] => 240 [contact-440x167-height] => 167 [contact-550x208] => https://www.beswicks.com/wp-content/uploads/2020/02/Schedule-of-condition-Feb20.jpg [contact-550x208-width] => 299 [contact-550x208-height] => 208 ) ) [contact_form_emails] => enquiry@beswicks.com [author] => 29466 [post_name] => [post_description] => [post_author] => [post_author_url] => [post_author_email] => [post_keywords] => [post_image] => [success_url] => /contact-us-thank-you/ ) 1

Why it is beneficial to a tenant to have a schedule of condition when signing a commercial lease

It is not unusual for commercial leases to state that a tenant must ‘put and keep their demised premises in good repair and condition’. This covenant can require the tenant to leave the premises in a better condition than at the start of the tenancy, potentially exposing them to unexpected costly repairs. When leases contain […]

Anti-money laundering requirements and proof of funds

Anti-money laundering requirements and proof of funds