Landlord and Tenant Qs Flashcards

1
Q

Talk me through your advice for the lease renewal at Sewstern Industrial Estate

A

The tenant was due a lease renewal and decided they wanted to remain in occupation. I advised my client the unit was under rented so I carried out a review to reassess the rent. I was also able to negotiate a longer term lease which would benefit my client in securing rental income for a longer period

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2
Q

What is a typical £/ft2 for rent at SIE

A

£3-4 / ft2

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3
Q

Why did you contract out of security of tenure provisions

A

I contracted out as the tenant was unsure if they could stay in the unit due to cash flow, hence the reason I included a break clause also. This gave the tenant flexibility so they could vacate easily

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4
Q

Why did you chose a 6 year lease

A

This was longer than the previous lease and allowed for a break and RR clause at year 3. 7 years is also the maximum before a tenant has to register with land registry

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5
Q

Talk me through the rental arrears at 68 Bourne Road

A

The tenant was in significant rental arrears, I explained the options to my client which included serving a section 21 notice or section 8 notice. I set up a payment plan with the tenant and advised my client a section 21 would allow the tenant longer to pay back the arrears. Due to the location and condition of the property, a section 21 would also allow time for my client to find capital to pay for a refurbishment

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6
Q

How did you engage with the tenant to begin with

A

I firstly sent emails and phone calls to try to arrange a meeting. When the tenant didn’t respond I moved to writing formal letters

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7
Q

What are the timeframes for serving a Section 21 Notice

A

LL needs to give 2 months notice

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8
Q

What are the timeframes for serving a Section 8 Notice

A

LL needs to give 2 weeks notice

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9
Q

How would your advise change given the potential changes with S21 Notices

A

Given the potential removal of Section 21 notices, I would advise my client to serve a Section 8 Notice to regain possession if the tenant didn’t stick to the payment plan

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10
Q

Talk me through the dilapidations at 2 Cringle Way

A

During the pre-checkout inspection I identified some items which the tenant was responsible for. I also noted the carpets and walls had been damaged beyond a reasonable expectation. I obtained quotes for rectifying the issues and successfully retainted the tenants deposit in full

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11
Q

What was the tenant responsible for at 2 Cringle Way

A

The gardens and maintaining the hedges

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12
Q

Did you only obtain 1 quote for the works at 2 Cringle Way

A

No, i obtained 3 quotes to present to the tenant to ensure a fair price was given

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13
Q

How did you know the carpets were damaged beyond a reasonable expectation

A

The carpets were new when the tenants started their tenancy, given they had only been in for 18 months there were marks and threadpulls

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14
Q

Talk me through the repair liabilities for Elms Farm

A

I met with the tenant to discuss the outstanding repairs which included roof repairs, electrical testing and external decoration. I gathered quotes for the works and reported to my client the expected expenditure for the LL responsibilities of roof repairs and a share of external decoration. I went back to the tenant and negotiated the remainder

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15
Q

Did the model clauses apply

A

No, the tenancy agreement stated specific responsibilities for repairs

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16
Q

Were any of the works tenant obligations

A

Electrical testing