If you are terminating your office’s current lease at a particular address, then your landlord will likely have requested to engage and oversee an office reinstatement of the property. This should come as no surprise to you as it would likely have been mentioned in the leasing contract that you signed when you first moved in. Nonetheless, if you are unclear about what the office reinstatement process entails, then this article is for you.
In this article, we cover the importance of office reinstatement and the various works that reinstatement firms are needed to carry out.
What is the Purpose of Reinstatement?
In your commercial tenancy agreement, you will likely find a clause that mandates that you carry out reinstatement works upon terminating the lease. The central idea behind reinstatement is to restore the premise back to its original condition so that the landlord can lease it to another tenant. This ensures that the next tenant will have the standard resources available to them upon moving in and will not have to remove unwanted installations that you had previously had installed.
Being contractually obligated to restore the premise, you would be liable to have the contracted reinstatement sum deducted from your tenancy deposit if you fail to carry out the reinstatement works. As such, regardless of whether you choose to personally oversee the works, you can be assured that you will end up paying for it.
Keeping the Cost of Reinstatement at a Minimum
Since you are liable to pay for premise’s reinstatement works, you may be wondering how you can keep your costs to a minimum. The answer to this question is tricky depending on when you are reading this article. In essence, the fewer changes that you have made to a premise, the lesser the cost it would take to restore it to its original form.
For example, if upon moving in you chose to install fake ceilings, partitions and additional electrical systems, then you would have to pay for their termination, dismantling and hacking works. In addition, once these have been removed, you will also have to spend to have the torn down items removed, while restoring the space to pristine condition.
Hiring the Right Reinstatement Contractor for your Premise
Finding the right office reinstatement Singapore contractor to perform restoration works on your space is highly critical. Good office reinstatement contractors will be able to advise you on the project job scope and timelines while also completing the job within the quickest time.
Equally important is that the contractor is able to complete the reinstatement works without requiring your close supervision. Within no time, your contractor will be with you handing the premise back to your landlord with no issues.