Inspection Flashcards

1
Q

A new client calls you up and says they are considering taking out a 10 year lease on a building what surveys would you recommend they have?

A
  • It depends on the lease and how the lease deal with service charge.
  • If the lease is Internal Repair Only and the service charge is capped at an acceptable level then I would recommend a schedule of condition to append to the lease to limit their repairing liability
  • If the service charge is not capped or the lease if Full Repairing and Insuring then I would recommend that they undertake a pre acquisition survey to understand the full extent of my client’s liability
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2
Q

You are contacted regarding a new potential project, outline the equipment that you would take with you for your initial site survey?

A
  • Pen and paper
  • Disto
  • PPE (hard hat and safety boots)
  • I would also see if historical information on the site is available such as plans, leases
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