Level 2 - Havelock Place

Question 1

What is a terminal schedule?

Answer 1

Schedule that lists the breaches of lease and the associated costs

Question 2

When can a terminal schedule be given?

Answer 2

3 years before lease end

Question 3

Havelock Place - Describe the building and office

Answer 3

Havelock place is a 5 story concrete framed building. The office was on the 5th floor and was vacant at the time of inspection. It generally consisted of raised access floor, suspended ceiling s and a celluarised configuration.

Question 4

What do you now about the term Vacant Possession?

Answer 4

Ensure that a property is given empty, with no chattels or tenants for exclusive use ad enjoyment.

Question 5

Havelock - What lease documentation did you review?

Answer 5

Main lease, and an LtA for the property showing the proposed layout for the property

Question 6

Why would you serve an interim schedule?

Answer 6

To remind the tenant of their obligations

Question 7

Havelock - Can you describe the instruction, the lease dates etc?

Answer 7

Instructed to produce a terminal schedule in Nov 2019. Lease end in April 2020. Property was vacant.