When you're considering a property purchase, you'll want to ensure that you have all the information possible to make an informed decision. A dilapidation report can provide valuable insight into your potential property's condition. It's also a crucial document to help avoid issues when major construction is planned nearby. So, it's important to look into the potential benefits of such a report.
What Is a Dilapidation Report?
A dilapidation report is a document that details the existing condition of a property prior to any construction or renovations. This includes interior, exterior and structural elements of the building, such as walls, floors, roofs, windows, doors, pathways and other features. The report will also include photography or video footage of these features in order to provide an accurate representation of their condition.
How Does It Help You?
Having detailed information on the current state of a property before you purchase it can be invaluable in helping you make an informed decision about whether or not it's right for you. In addition, knowing what repairs or renovations need to be done helps prevent any unexpected costs down the road and helps protect against future legal action from neighbours due to damage that was present before your ownership began.
A dilapidation report will also provide evidence should any disputes arise over pre-existing damages after taking possession of the property. For example, when a third party wants to carry out major construction or demolition work on a nearby property, you may want to commission a dilapidation report in your own place first. Then, if there is any damage to your property as a result of that neighbouring work, you will have evidence to prove your case.
Other Benefits of a Dilapidation Report
Some people use a dilapidation report to help them keep track of a tenant. For example, if the tenant does not stick to the terms of a lease and returns the property in a substandard condition, this could be problematic to a landlord. So, rather than wait until the lease ends before thinking of potential dilapidation, some landlords may call for an inspection. If considerable repairs are needed to bring the property back to saleable condition, they can take the appropriate action.
Get Additional Help
For more detailed information about a dilapidation report and to find out if you need one now, contact a company in your area that offers building inspection services.
Hello! My name is Richard and this is my new blog. On this blog, I hope to pass on some useful information about how to work with contractors. I recently decided that I wanted to give my property a complete overhaul. I wanted to have a new roof installed, the interior remodelled and the driveway repaired. I asked around and I put together a great team of contractors who could all work together to get the job done. However, that isn't to say there wasn't the occasion challenge during such a big project. I learnt a lot from the experience and I am really pleased with the work that the contractors carried out.