SERVICES
Make Good Schedules
Leave your lease on the right terms
Understand your make good obligations, manage potential costs and negotiate practical outcomes with support from Knight Frank's accredited Building Consultancy team.
Make good obligations can become a significant cost and negotiation issue at the end of a commercial lease. Our team help landlords and occupiers understand their obligations early and avoid unnecessary disputes.
Practical advice from start to settlement
We apply the RICS Best Practice Guidance Notes throughout the make good process, helping landlords and occupiers understand their obligations, minimise disputes and achieve commercially appropriate outcomes. Our expertise includes:
- review and assessment of leases, licences and related documentation
- property inspections
- application of relevant statute and case law
- preparation and service of make good schedules
- cost analysis and assessment of potential liabilities
- negotiation and settlement of make good claims
- project management of agreed make good works
- ongoing liaison between landlords and occupiers
Balanced advice, better outcomes
Because we advise both landlords and occupiers, we understand the priorities on each side of the negotiation. This balanced perspective helps clients reduce risk, manage costs and achieve commercially appropriate outcomes.
Frequently Asked Questions
A make good schedule is a document prepared by a building consultant that details the reinstatement, repair and redecoration obligations that may apply under a commercial lease.
Make good obligations can arise during a lease as an interim obligation or at lease expiry as part of the lease exit process.
A make good schedule is typically prepared by a building consultant on behalf of a landlord, although occupiers may also seek independent advice regarding their obligations.
A make good assessment may include lease review, property inspection, cost analysis, consideration of relevant legislation and preparation of a schedule of obligations.
Yes. Knight Frank's Building Consultancy team provides negotiation and settlement of make good claims on behalf of landlord and occupier clients.
Make good obligations define the requirements under the lease, while make good works refer to the physical reinstatement, repair or redecoration works undertaken to satisfy those obligations.
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