Analyzes the effectiveness of schedules of condition in commercial leases, suggesting alternatives for better clarity.
Schedules of condition are probably not as effective as tenants expect them to be. The parties’ advisers should be passing on this information. Alternatives to reference to a schedule of condition should be considered by the parties to a lease. This paper argues that if a schedule of condition is the preferred option, it should be much more detailed than just a few photographs and some text. This article is also included in The Business & Management Collection which can be accessed at https://hstalks.com/business/.
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Jon Rowling (2026) studied this question.
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