A schedule of condition records the state of a property at a particular time. The report includes both a written description of the condition along with supporting photographs. Regalia recommends that a schedule of condition be undertaken under the following circumstances:
A schedule of condition will typically detail the following:
The benefit of having an accurate schedule of condition is that is that it provides a benchmark against which the condition of a property, structure or land can be assed against, mitigating future repair obligations and/or potential claims for damages.
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