BIM43251 - Specific deductions: dilapidations under a lease: meaning of dilapidations
Dilapidations are works of repair or re-instatement for which a lessee is liable if the lease provides that:
- the lessee is responsible both for repairs, and
- for delivering up the leased property at the end of the lease in the state in which it was at the beginning of the lease.
»Ê¹ÚÌåÓýapp following instructions are applicable only to dilapidations of property used for trade purposes; as regards payments under mining leases in respect of surface damage, see BIM62025.