Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Purchase Online Tenancy Agreements


Buy an on-line Tenancy Agreement now. As a landlord and also as a tenant it is important that there is a comprehensive tenancy agreement in place to protect both parties. Don't be tempted with purchasing off the shelf do it yourself tenancy agreements. It is worth investing in a professionally prepared tenancy agreement by a qualified solicitor.

Tenancy agreements

Tenancy agreements are a legally binding document which protects both a landlord and the tenant when renting out property. If you are a landlord and need to download a solicitor prepared assured shorthold tenancy agreement now click here.

Amount of Rent

A landlord will determine the level of rent based on market conditions and level of rent expected on the type of property in question.

New landlord renting for the first time

If you are a new landlord renting your property for the first time it is essential that you purchase a comprehensive tenancy agreement. Never, believe that trust is enough. This is a business relationship to help protect your investment property.

Damage deposits

It is important for landlords to take a damage deposit from the tenants. The amount set is determined by the landlord. However, it is a worthwhile investment to purchase a landlord inventory now as this will detail the condition of the property and contents prior to the tenants moving in which can be signed by all parties. When the tenants vacate this landlord inventory can be used to determine whether any of the deposit needs to be retained for repair/maintenance work created by the tenants.

Evicting tenants

It is never an incident that a landlord wants to exercise but on occasions it is necessary to evict tenants. There are certain procedures that a landlord must take to do this. In the first instance it is worth consulting a solicitor to find out how to execute this.

Rent Arrears may need to get a county court judgement

Many landlords will collect rent via direct debit from their tenants own bank accounts. It is important that tenants pay the rent on time and the full amount so as to avoid getting into rent arrears. If this does happen the landlord may have to apply for a county court judgement to resolve the rent arrear issues.

Before you evict you need to know which notice to serve

As a landlord needing to evict tenants it is important to know which eviction notice to serve. There are a number of good information sources available to find this information, but it is always worth contacting a solicitor to ensure that it is done in the correct legal manner.

Each party has certain obligations that they must meet. These can include:

The Landlord

- Adhering to Safety Requirements

- Collecting Rent

- Attending to repairs on the property

- Enabling the tenants to live peacefully in the property you have provided

- Not harassing the tenants. This can include visiting the property without prior notice, builders/tradesman arriving at the property without prior notice and generally leaving the property in a poor condition for the tenants.

The Tenant

- Paying Rent on time

- Ensuring that bills are paid and on time

- Contacting the Landlord notifying of any repairs needed

- Issuing the Landlord with the correct period of notice before they leave

When both parties have signed the tenancy agreement it is very rare that it can be changed unless the tenant and the landlord agree mutually. For example if a tenant has signed an Assured Shorthold Tenancy Agreement for a minimum period of six months and the tenant wanted to leave after just three months, then they may be liable to pay the remaining three months unless a break clause is written into the original tenancy agreement signed.

As a tenant there are certain steps that they need to take to terminate their tenancy agreement. Under normal circumstances they would give the landlord notice that they are leaving. Even if this is not written into the tenancy agreement, it is common courtesy to let the landlord know so that the landlord can begin necessary preparations to source new tenants when they vacate.

Different Types of Tenancy

If a tenant pays rent to a private landlord and live in a flat or house that is not shared with the landlord, the tenants are likely to have:

? an assured shorthold tenancy
? an assured tenancy, or
? a regulated tenancy

This applies even if the tenants have a room in a house that is shared with other people. The type of tenancy also depends on the date the tenants moved in.

Assured shorthold tenants

If tenants moved in after 27 February 1997, they are more likely to be on an assured shorthold tenancy agreement. Although it is still worth checking as tenants may be on an assured tenancy agreement if the landlord said that the tenancy would be an assured tenancy rather than an assured shorthold tenancy before they moved in.

An assured shorthold tenancy agreement gives the landlord a guaranteed right to repossess the property at the end of the term. This is the most common tenancy agreement used for most residential tenancies.

Assured tenants

If tenants move in after 15 January 1989 but before 28 February 1997 and the landlord didn't give notice stating that the tenancy agreement was to be an assured shorthold tenancy agreement, then it is likely that the tenants may have an Assured Tenancy. Although the landlord may have given the tenants a notice stating that the tenancy agreements is an assured tenancy rather than assured shorthold tenancy.

You may also be an assured tenant if you became the tenant because the tenancy was passed to you after a regulated tenant died.

Regulated tenants

If the tenants moved in before 15 January 1989, it is likely that the tenants will be on a regulated tenancy. A regulated tenancy can remain in place even if the landlord changes or the tenant moves.

Jennifer Tweed is the founder of buytolet4sale.com, one of the UK's first property portals dedicated to all types of investment property for sale and everything you should need for your sale and purchase. Learn more about buy to let


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Fortune

Climate Change Is Already Depressing the Price of Flood-Prone Real Estate
Fortune
New research shows that real estate properties in areas affected by extreme weather and sea level rise are losing value relative to less exposed properties. The effects are already substantial, but they may point to a looming collapse as climate change ...



Forbes

Evaluate This Factor To Find The True Winners Among Today's Hottest Real Estate Markets
Forbes
As the presence of social media, instant messaging and “smart” devices continue to encroach on our physical, non-digital lives, I have observed that real estate markets are becoming hyper-localized, even more so than they were in the past. Any real ...



New York Times

Can I Stop My Neighbor From Running an Airbnb?
New York Times
A single-family residence has different fire safety requirements than a hotel and restrictions on which rooms can be used as bedrooms, according to Jared E. Paioff, a real estate lawyer and a partner in the New York City law firm Schwartz Sladkus Reich ...



The Denver Post

Big industrial deals have more real estate investors taking note of Denver market
The Denver Post
The sale, totaling 1.93 million square feet of space, was the single largest industrial deal on record for the Denver metro area, according to real estate services firm CBRE. It was hardly the only industrial transaction to close in the first three ...

and more »


Sacramento Bee

A Woodland mansion is listed for $3.9 million. Why SF residents may call it a bargain
Sacramento Bee
Perhaps the hottest home in the whole country to hit the real estate market this week, an immaculate Victorian mansion in Woodland boasts six bedrooms, 11,200 square feet and a gorgeous exterior, with a list price of $3.85 million. And, with ...

and more »


Milwaukee Journal Sentinel

Real estate values climb throughout city of Milwaukee
Milwaukee Journal Sentinel
In addition, every category of residential and commercial properties has increased, with apartments climbing in value by more than 10% overall. The total assessed value of property in the city is nearly $27 billion in 2018, an increase of $1.7 billion ...



Real Estate Transactions: April 21, 2018
Fairfield Daily Republic
Real Estate Transactions: April 21, 2018. By Daily Republic. BENICIA. TOTAL SALES: 11. HIGHEST AMOUNT: $925,000. LOWEST AMOUNT: $460,000. MEDIAN AMOUNT: $688,000. AVERAGE AMOUNT: $636,318. 583 Capitol Drive – $725,000, 03-22-18 [4 Bdrms – 2714 SqFt ...



Albany Times Union

Real estate news and happenings - Times Union
Albany Times Union
Ryan Clark, manager of the Berkshire Hathaway HomeServices Blake Niskayuna office, will also manage the new Schenectady office. (Photo provided). Ryan Clark, manager of the Berkshire Hathaway HomeServices Blake Niskayuna office, will also manage the ...

and more »


Charleston Post Courier

Real estate advocates showcase sustainable communities, ecological ideas around Earth Day
Charleston Post Courier
Jennifer Howard was musing the other day "about how different communities embrace and promote sustainability and environmental awareness," what with Earth Day approaching on April 22. She started thinking after visiting Summers Corner, a newer ...



Palo Alto Online (blog)

Retail's Real Estate Glut is Growing
Palo Alto Online (blog)
That is the headline in a Business Week article this week. Last year 105 million square feet of retail space was announced for closure and this year so far the total is 77 million square feet in just the first three months. Readers are familiar with ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA