How To Do Commercial Property Inspection

Written by editor on January 4, 2017 Categories: Business and Management Tags: , , ,

In an office or retail property, it is common to have survey plans of the rental areas within the building. The plans are created to support lease documentation with the relative tenancies. The plans will also give you details of the net lettable area that apply to the leases.You can visit http://www.newarkofficespace.com/ to know more about commercial property.

When a lease is registered on the title of a property, the survey plans of the tenancy area are essential. It should be noted that the registration of leases on titles varies from location to location and situation to situation. Importantly you need to know how the leases created, and how they protect the rights and obligations of the landlord and the tenant.

The survey plans that apply to the rental occupation can also be cross-referenced to the as-built drawings for the building. When any new lease is considered, the as-built drawings become essential to the fit-out design and tenancy planning process.

The building approvals and permits that apply to the property should be checked against the lease occupancy. Importantly the tenant should be operating within the building approval and permit guidelines.

If there are any difference between the building approval or permit process and the occupant, then they need to be clearly defined and fixed before the property is sold or leased.


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