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Wednesday, September 02, 2009

Landlords need to be aware if letting to a company

Landlord law have outlined some issues landlords need to be aware of regarding letting a residential property as a company let to a company.

1, Landlords can't use an Assured Shorthold Tenancy Agreement as these can only be used if letting direct to a individual and not to a company.

2, Landlords are unable to control who a the comapny puts in the property.

3, Deposits do not have to be protected in a tenancy deposit scheme, as this only applies to deposits under an Assured Shorthold Tenancy Agreement

For more information on letting to a company see Tessa's post at Landlord Law.

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