Landlord annd Tenant Flashcards
What is the difference between a lease and a license?
What is a dilapidation and how do you calculate that?
What is compensation?
If you are unsure of whether an applicant can afford a rent, what may you request?
What is a guarantor and who would make a good guarantor?
What are the initial checks when considering a new tenant?
Financial check/income, credit check
Criminal record
Check for fraud and confirm ID (passport/address/current occupancy)
Consider meeting the tenant face-to-face during viewings
What cant you do when selecting a tenant?
unconscious bias, request information on personal information (e,g. religion, race, sexuality, gender)
What do you need to do before arranging a new tenant?