The Dilapidations Protocol & the importance of a Diminution Valuation in dilapidations negotiations
Paragraph 9.4 of the Dilapidations Protocol (the Protocol) could not be clearer:
“…in a case where the landlord has not carried out all the works specified in the schedule…it should provide a formal diminution valuation (DV)…”
"Whither the High Street?" Webinar with Trinity Chambers
This webinar with Trinity Chambers explores the challenges and opportunities for commercial, leisure and retail landlords and tenants when faced with restrictive covenants and other property rights when considering changes of use in the High Street.