Dilapidation

Dilapidation refers to the condition of a building declining or falling into disrepair over time, often due to aging, lack of maintenance, or damage. It can involve structural issues like cracked walls, leaking roofs, or deteriorating fixtures. In property management or leasing, dilapidation also describes the state a property is in at the end of a lease, which may require repairs to return it to its original condition. Essentially, dilapidation highlights the wear and tear or damage that occurs to a property, necessitating maintenance or repairs to preserve its value and usability.