An integral part of a lease is often the obligation to keep the property in good repair and condition and to decorate it. Sometimes when acquiring a new property under a lease the repairing obligation might be limited by a schedule detailing the condition of the property at the time of the granting of the lease. (See also Schedule of Dilapidations)

A Schedule of Condition is therefore prepared when the lease commences to record the actual state of a building, element by element, to incorporate into the lease. Often, surveyors for both the landlord and tenant have to agree the schedule of condition before it becomes part of the lease.

Fees range from £500 to £2,000.