Avoid deposit slips
White, G.
Avoid deposit slips - 2001 - Property Week 66(13) 30 March 2001, 76-77(2) .
Provides advice to landlords on the handling of rent deposits, and how to avoid being short-changed. For instance, warns landlords to ensure they have complete control over the deposit, and highlights the risks involved in holding monies in trust. If a deposit is held by a third party, stresses the importance of ensuring that the basis on which it is held is clearly defined. Advises landlords to obtain a deposit that covers all the money due under a lease: the service charge, insurance, VAT. Looks at the position of rent deposits granted before and after the Landlord & Tenant (Covenants) Act 1995.
DEPOSITS
LEASES
LANDLORD AND TENANT (COVENANTS) ACT 1995
Avoid deposit slips - 2001 - Property Week 66(13) 30 March 2001, 76-77(2) .
Provides advice to landlords on the handling of rent deposits, and how to avoid being short-changed. For instance, warns landlords to ensure they have complete control over the deposit, and highlights the risks involved in holding monies in trust. If a deposit is held by a third party, stresses the importance of ensuring that the basis on which it is held is clearly defined. Advises landlords to obtain a deposit that covers all the money due under a lease: the service charge, insurance, VAT. Looks at the position of rent deposits granted before and after the Landlord & Tenant (Covenants) Act 1995.
DEPOSITS
LEASES
LANDLORD AND TENANT (COVENANTS) ACT 1995