Tenancy Law
Tenancy Law has evolved greatly over time. Tenancy as a category covers a number of situations in the commercial and residential property sector. In the current downturn, many landlords and tenants have been found to be breaching the terms and conditions of the tenancy agreements that legally bind them. A landlord is the owner of the property that is rented out or up for lease for another person to use under certain conditions. A tenant is the individual who shall reside in the property for the duration of the tenancy arrangement.
Unfortunately, at times, these arrangements do not function with a great deal of success. Disputes can easily arise between a landlord and tenant during the course of the tenancy arrangement as many obligations are imposed on each of the parties in this situation.
Before letting out a room or entire property to a tenant, a landlord should make sure that the property is fit for the purpose. The property shoud be well maintained and in a general good state of repair and be ready for the tenant to move into. In order to comply with current legislation, the landlord is required to undertake utility supplies safety tests and provide certificates each year to the tenant(s).
Also, should the landlord wish to sell the property, the landlord must provide notice to the tenant of the change of ownership of the property.
In general, a tenant will pay their rent in monthly instalments. In the tenancy agreement, the obligations imposed on the tenant will ahve been defined. Typical obligations for the tenant include to dispose of all refuse on the designated refuse collection days and to not sub-let the property to any other person.
The Landlord and Tenant Act 1972 came into effect with the purpose of clearing disputes between a landlord and their tenant. The law defines everything related to the landlord and the tenant relationship, the rental units involved, payments, repayments, penalties for violation and the use of the tenant's deposit. The Tenancy Deposit Scheme is a goverment backed scheme to protect tenant's holding deposits should a dispute arise.
Unfortunately, at times, these arrangements do not function with a great deal of success. Disputes can easily arise between a landlord and tenant during the course of the tenancy arrangement as many obligations are imposed on each of the parties in this situation.
Before letting out a room or entire property to a tenant, a landlord should make sure that the property is fit for the purpose. The property shoud be well maintained and in a general good state of repair and be ready for the tenant to move into. In order to comply with current legislation, the landlord is required to undertake utility supplies safety tests and provide certificates each year to the tenant(s).
Also, should the landlord wish to sell the property, the landlord must provide notice to the tenant of the change of ownership of the property.
In general, a tenant will pay their rent in monthly instalments. In the tenancy agreement, the obligations imposed on the tenant will ahve been defined. Typical obligations for the tenant include to dispose of all refuse on the designated refuse collection days and to not sub-let the property to any other person.
The Landlord and Tenant Act 1972 came into effect with the purpose of clearing disputes between a landlord and their tenant. The law defines everything related to the landlord and the tenant relationship, the rental units involved, payments, repayments, penalties for violation and the use of the tenant's deposit. The Tenancy Deposit Scheme is a goverment backed scheme to protect tenant's holding deposits should a dispute arise.
