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📝Dilapidation Provisions: Because One Day Your Lease WILL End! Most people know how crucial it is to have a solid lease agreement in place, but this is one area often overlooked, as it will only matter years down the road. In simple terms, dilapidations refer to damage or deterioration of a property caused by tenants during their occupancy. Without proper provisions in your lease agreement, you may be left unfairly paying the bill for repairs when it's time to vacate. Here are just a few reasons why including dilapidation provisions is crucial: ✨ Avoid costly surprises and disputes. ✨ Protect your property. ✨ Streamline the exit process. With clear provisions in place, vacating a property becomes much smoother and less stressful for all parties involved. 🟩🟩🟩🟩🟩🟩 So, what can you do? 1. Review your lease agreement: ensure responsibilities for damages and repairs is clearly defined. 2. Negotiate: discuss and agree on dilapidations terms upfront. 3. Consider hiring a property management expert to advise you. Dilapidation provisions may not seem all that important when negotiating a lease but prioritising them will save you a lot of money, time, and stress in the future. Get in touch if you need any guidance. #LeaseAgreement #PropertyManagement #CommercialRealEstate #Dilapidations #LandlordTips #BusinessAdvice #Entrepreneurship...