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| Deposit held as agent for landlord | Question | | We hold deposits as agent for the landlord. One of our landlords wants to terminate our management agreement and wants us to hand the deposit over to him. We are reluctant to hand over the money as... More... | | Furniture and Furnishings Regulations | Question | | When dealing with landlords who insist on letting with furnishings apparently non compliant, is the Agent jointly liable if full details of the above law are given to the Landlord prior to the lett... More... | | Rent paid upfront | Question | | We manage a property on behalf of a landlord, as letting agents. Recently, we let a property for six months, and have been paid all the rent (six months) in advance. We normally just pay on the mon... More... | | Disclosure of address of Landlord who lives abroad | Question | | One of the tenants of a property that I manage has written to me for the address of the landlord of the property that he is renting. He hasn't given me a reason for this request but he has been... More... | | Tenant leaves personal effects | Question | | We recently had a problem with clearing personal effects left behind at the end of a tenancy. The articles included clothing, an old TV set and some medical equipment. The tenants of the house left... More... | | Bonding and holding of tenant/landlord monies | Question | | The tenancy agreements that I use state that I hold the deposits as 'stakeholder'. One of my landlord's has just terminated his management agreement with me and wants the deposit that I... More... | | Disclosure of landlord information | Question | | Can you advise me of any knowledge you have of the law where agents are required to disclose details about client landlords, their properties and the rents received. Is there any obligation to prov... More... |
| Overseas Tax | Question | | I have separate building society accounts for my overseas landlords in which I keep the tax monies until demanded by the Inland Revenue. These accounts are held in a building society that is about ... More... | | Office Records | Question | | How long do we have to keep files on tenancies ? Our office is very small and information regarding old tenancies is just taking up too much space.
More... | | Archiving records | Question | | How long is an agent required to retain management records relating to old tenancies ? An agent contacted us; they rented out a property on behalf of a landlord client. In 1993, the agent proceeded... More... | | Overseas landlord | Question | | My client landlord is often difficult to contact. He claims to me that he is UK resident but is normally not contactable at his UK business address - they tell me that he is on an overseas trip and... More... | | VAT | Question | | I run a property management business. Our fee income or business turnover is now over the current VAT registration threshold but when I approached the VAT office, they say that I do not have to reg... More... | | Mortgagee Authority | Question | | Is it necessary to obtain the written authority of a mortgagee to let from the landlord before I take on a property or is a signed statement from the landlord sufficient ?
More... | | Safety regulations | Question | | A landlord has asked me to find a tenant to live as a lodger in his home. I am concerned about my responsibility as well as the landlord's when it comes to complying with gas safety and soft fu... More... |
| Duties of an agent | Question | | I would like to set up my own letting agency business. I am worried about the legal implications - what are they ?
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