Dilapidations update for accountants and finance directors – Wednesday 26 September
Modern UK commercial leases oblige tenants to remove their alterations and hand back the space decorated and repaired at lease end.
Although lease end dilapidations claims are an integral part of the UK leasing process, few occupier-side professionals understand the liabilities involved and how best to minimise them.
With financial obligations averaging the final years rent and negotiated settlements coming in at half or less of the original landlord’s claim, there seems a lot of wiggle room for the well advised.
At our update seminar we will focus on three recent key developments:
- Simon Hartley, Property Litigation Partner at RadcliffesLeBrasseur, will give a general background to the industry and talk about the development of terminal dilapidations insurance for tenants of commercial property.
- Camilla Lamont, Barrister at Landmark Chambers, will speak on real estate issues arising out of retail Company Voluntary Arrangements, including the quantification of dilapidations claims in CVAs.
- Building surveyor David Blackmore of Blackmore Building Consultancy will talk about tenants’ use of dilapidations assessments during the terms of their leases and the lack of consistency in the industry regarding what the term means in practice.
For more information or to RSVP, please contact our events team: firstname.lastname@example.org.
Date: Wednesday 26 September
6.00pm – Arrival and welcome drinks
6.30pm – Presentation and panel Q&A
8.00pm – Drinks reception
85 Fleet Street
London EC4Y 1AE
RSVP: For more information or to request a place, please email our events team: email@example.com