INITIAL CONDITION REPORT Clause Samples

The Initial Condition Report clause requires the preparation and documentation of the state of a property at the beginning of a lease or tenancy. Typically, this involves both parties inspecting the premises together and recording details about the condition of fixtures, fittings, and any existing damage, often supported by photographs or written notes. This clause serves to establish a clear, agreed-upon baseline for the property's condition, which helps prevent disputes over responsibility for damage or repairs at the end of the tenancy.
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INITIAL CONDITION REPORT. A joint inspection and condition report shall be made as of the effective date of this lease. This report should reflect the then present condition of the demised premises and will be signed and agreed to by the Lessor (or Lessor’s authorized representative) and the Government. A copy of the report shall be provided to the Lessor and shall be made a part of this lease as Attachment C. All identified repairs shall be accomplished within a reasonable period, but in any event not later than thirty (30) days from notification.
INITIAL CONDITION REPORT. (a) Prior to any Works being carried out, ARTC or its Contractor must instruct the Condition Consultant to inspect the Infrastructure and prepare a report detailing the condition of the Infrastructure. (b) ARTC or its Contractor must instruct the Condition Consultant to: (i) provide a draft of the Initial Condition Report to ARTC and Asset Owner for comment; and (ii) take into account ARTC and Asset Owner's comments on the draft Initial Condition Report and to incorporate such of those comments in a further draft of the Initial Condition Report as the Condition Consultant considers appropriate and provide a copy of the further draft Initial Condition Report to ARTC and Asset Owner for approval. (c) ARTC and Asset Owner must provide any comments on the draft of the Initial Condition Report to the Condition Consultant within 20 Business Days of receipt of the report under clause 3(b)(i). (d) ARTC and Asset Owner must consult and act reasonably in order to promptly agree the draft Initial Condition Report. If the draft Initial Condition Report is not agreed within: (i) 20 Business Days of Asset Owner first being provided with a copy of the draft Initial Condition Report under clause 3(b)(i); or (ii) 10 Business Days of Asset Owner first being provided with a copy of the revised Initial Condition Report under clause 3(b)(ii), the matters in dispute may be referred by either Asset Owner or ARTC for determination in accordance with clause 11. (e) The Initial Condition Report for the purposes of this Agreement will be the draft Initial Condition Report agreed by Asset Owner and ARTC pursuant to clause 3(d) or determined in accordance with clause 11. (f) Asset Owner and ARTC agree that the Initial Condition Report will accurately record the condition of the relevant Infrastructure prior to the carrying out of the Works. (g) ARTC must ensure that no Works are carried out until the Initial Condition Report is agreed by Asset Owner and ARTC pursuant to clause 3(d) or determined in accordance with clause 11.
INITIAL CONDITION REPORT. (a) Prior to commencement of the Works, Sydney Water must procure that an initial condition report be prepared which records the condition of the Council Land, the Sydney Water Land, the Site and all other relevant structures relevant to the Project. (b) The initial condition report must be prepared to meet the requirements of clause 9.6.
INITIAL CONDITION REPORT. (a) Consultancy to identify existing issues with the BMS and control strategy, and provide an initial report for the Customer to act upon. (b) This will focus on identifying where controls, electrical or mechanical systems are not operating in line with good operational practice based upon operational guidelines provided by the Customer. These will be low/no-cost and general maintenance issues that will have an impact on energy / carbon reduction, comfort and reliability. (c) Where opportunities can be identified for larger energy savings or performance improvement projects as a result of the data collected, these will be fed back to the Customer with an associated ROI where possible.