What is a LeaseCheck Report?
LeaseCheck Reports identify broken,
damaged or non complying parts of a property immediately prior to the
commencement of a lease. A LeaseCheck Report includes a photographic
record to minimise the risk of disputes about the condition of the
inspected property's and the contents of the Report.
Who does
it?
Building Consultants are commonly engaged to review relative
clauses in lease documents and prepare LeaseCheck Reports.
When should I have a LeaseCheck Report prepared?
LeaseCheck
Reports must be undertaken prior to taking possession of the property.
How
long does it take to prepare?
A written Report is available within
72 hours of inspection and an urgent 24-hour service is available.
Why should I have a LeaseCheck Report prepared?
When
you lease property you take on strict responsibilities to maintain the
area you lease and contribute to any shared repair costs of certain
amenities and external maintenance.
Before signing the lease, it
is important to know the condition of everything you are leasing or you
may end up paying to have something that is broken or damaged fixed at
the end of the lease. For example, cracked basins, damaged doors,
defective hardware or water damaged cabinets can be costly to fix. A
LeaseCheck Report highlighting what should be excluded may you save many
thousands of dollars in rectification costs. In some cases, we will
advise that you ask the Landlord to replace or install damaged or
missing items, such as fire safety measures, so the defects or damage
don't become sore points over the duration of the lease.
Which
types of properties are inspected?
All non-residential properties
and high quality residential property with complex or premium finishes
and fit out should be carefully assessed.