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Tuesday, May 31, 2011

Tips On Deposit Protection Disputes: 44 Laws of Agency

Tip 44: Law of Agency
This is one that often trips up unsuspecting landlords.
If you employ an agent to act on your behalf (for our purposes this is usually a letting agent), anything they say or do in the course of your business is binding on you. When they speak or act, it is as if you speak or act.
Many landlords are surprised to find that their letting agent’s failings or promises can be exacted against them.
Tom Derrett is the Principal of Deposit Claim, an ex-adjudicator and an expert on the Deposit Protection Schemes. Tom helps landlords to claim money through the deposit protection schemes.

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