FBT Rent Reviews Flashcards
What sections are rent reviews under
part 2 section 13
How oftern can you do a rent review
every 3 years on the anniversary ate by serving a notice between 12 months- 24 notice
What section states how a notice should be served and how should a notice be served
s 36 must be delivered to repeipent (proof of receipt) to last known address
How should you review FBT rents
Consider the holiding, should consider that the holding (including the tenancy iteselff suchas repair obligatiion etc, qualigtin of land, nature and number of wellings, size and ocation, fixed equipment) is between a hypothetical landlord and tenat, open makret, comparables all relevant factors physcial nautre, economical potentital, opportunities and burdens, companrables), possibilities for agricultural subsidies, grant aided element of landlord’s improvements
What should you disregard from an FBT Rent review
Tenants improvements, writing down period, tenants occupation, tenants dilipdations
what section notice do you serve for FBT tenant improvement
10
Waht is the defintion for rent for FBTS
Rent property payable is the rent wich the holding might reasonably expected to be let on the market by a willing landlord to a willing tenant subject to the terms of the tenancy