Many people who are coming to the end of their lease are often faced with the task of fulfilling various and specific make goods clauses that appear in their agreements. This can be a tall order and a headache for those who are in commercial properties and wish to leave without legal woes or damage control.
Make goods are often overlooked as an important step in the moving process, with many provisions that can be included for the leaseholder to oblige. While there is a temptation to take on the job on your own, there is less time and headache involved when you solicit the help of professionals experienced with make goods.
The following article will be breaking down the reasons why you should be considering a professional to conduct the work for you as well as explaining briefly what can be included in obligations and contractual make goods.
What Are Make Goods?
Make goods can vary from contract to contract, but there is almost always a clause or obligation therein. It essentially stipulates the condition that a commercial property must be returned to at the end of said lease.
Make goods can include aspects such as returning furnishings to their rightful place, the deconstruction of added partitions and fixtures that may have been added throughout the lease, the overall condition of the walls and floors (paint chipping etc.). There are many stipulations, and it is usually down to each tenant and landlord to iron out specifics of make goods and their obligations.
These clauses are usually a little stricter and more regulated by commercial property owners who intend to rent out the space continually as a shell and not as a specified business – having the property returned to a reasonable condition is important for ensuring that seamless transitions of leaseholders can be attained.
Why Hire Professionals?
Now we get to the crux of the article, the reasons why it is vital to hire professionals to get the job done well.
1) They’re Insured
One key benefit for hiring professionals to conduct make goods on your property is the fact that they’re licensed and insured to carry out the work that is needed. You don’t want to be caught in the tail end of your lease and have an accident or further damage and not be able to cover it.
2) They’re Experienced
Getting the job done well is the optimal endgame. Professionals who are experienced in the field will ultimately give you peace of mind that the work is being done correctly and that there will be no nasty surprises when it comes time to inspect the property.
3) They Understand The Minutiae
As they’re experienced, these professionals will also be able to determine the minutiae of different contractual obligations that can pop up. As we said before, there are innumerable ways of deciphering the contractual requirements, so the professionals you hire will undoubtedly be able to understand what needs to be done and effectively execute.