Leasing And Letting Flashcards

1
Q

Grounds for possession off regulated property

A

Court order - mandatory or discretionary

Mandatory = court must grant possession - e.g. landlord needs home to live in, landlord intends to retire to property, landlord was part of armed forces when property let

Discretionary = landlord must evidence/prove court to grant possession. E.g. rent arrears, breached contract, nuisance, damage, illegal activity,etc

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2
Q

Parts of a title register

A
  1. Property Register - description/info on property
  2. Proprietorship register - owner
  3. Charges register
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3
Q

Act which introduced tenures. Estate vs tenure

A

Law of Property Act 1925

Estate is extent and duration of ownership

Tenure is terms and conditions of ownership

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4
Q

Main acts for resi let’s

A

Rent Act 1977

Housing Act 1988 and 2004

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5
Q

3 main types of tenancy

A

1 - AST

2- Assured

3 - Regulated

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6
Q

What is needed S21 notice to be valid

A

2 months notice, not before 6 month fixed term

In writing on 6a Notice Form

Include deposit info

Tenant to have received on move in: EPC, gas and electric certs, how to rent: checklist for renting

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7
Q

Types of licensing

A

Selective - all PRS

Additional - smaller hmos (3-4 people)

Mandatory HMOs - 5+ people

At local councils discretion which to implement

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8
Q

What act governs right to rent checks and when does it need to be done

A

Immigration Act 2016

Up to 28 days prior to tenancy commencement

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9
Q

What are the ‘prescribed information’ in ‘how to rent: the checklist for renting’

A

Gas and electric certs
Deposit paperwork
EPC
Smoke alarm/carbon monoxide testing certs

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10
Q

Key H&S guidance for landlords

A

Fitness for human habitation act 2018

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11
Q

What act regulates deposits and what are the key requirements

A

Housing Act 2004

  • landlords duty to protect deposits
  • deposits returned to tenants 10 days after deductions Agee’s
  • cannot unreasonably deduct

Grainger use ‘Tenancy Deposit Scheme’

Others: Deposit Protection Scheme, My Deposits Insurance

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12
Q

Proposed changes under Renter’s Reform Bill/ Renter’s Rights Bill

A

Currently in commons 2nd reading stage

Remove S21 No Fault Evictions

Allow tenant to appeal excessive rent increases - prevent ‘back door eviction’ by excessive rent increases

Pets more difficult to ban

End bidding wars for let’s

New Ombudsman for tenant complaints

Set up PRS database - landlord must register to enjoy certain possession grounds

Introduced new ‘Decent Homes Standard’

Discriminating on parental or benefits grounds will be illegal

Make rent repayment orders tougher - doubling the max penalties

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13
Q

ASTs legal notice for vacant possession

A

Section 8 notice - e.g. rent arrears

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14
Q

How long must you protect a tenant’s deposit?

A

30 days

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15
Q

If you don’t protected a deposit what are the outcomes

A

Can’t serve S21

Might have to repay deposit to tenant

If ordered to repay tenants, but don’t do so within 14 days then a court might order you to pay back up to 3 times their deposit amount

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16
Q

Who is exempt from right to rent checks

A

Children under 18

If a guest (ie not main residence)

17
Q

What was the tenant fees act 2019

A

Set limits for what fees landlords could charge - generally, rent and the deposits (holding and tenancy) . Some other fees are allowed such as breach of contract or surrender of tenancy fees - e.g. change of tenancy, lost keys, late rent (3% plus BofE base rate when more than 2 weeks late)

Also capped holding deposits to one week’s rent

Capped tenancy deposits to 5 weeks rent

18
Q

Penalties for not complying with Tenant Fees Act 2019

A

First offence -£5000 fine

Repeat offence within 5 years - £30000 fine

19
Q

Maximum deposit under Tenanr Fees Act 2019

A

Rent up to £50k - 5 weeks rent

Rent over £50k - 6 weeks rent

20
Q

Lease vs license

A

Lease = transfers exclusive interest in a property between a landlord and a tenant

Licence = grants permission to use a property for a specific purpose, without transferring any ownership

21
Q

Lease vs license case law

A

Street vs Mountford 1984

  • there was an agreed rent and term for exclusive possession of a given area therefore a lease/tenancy
  • therefore Mountford was a tenant and protected under the Rent Act 1977
22
Q

What did Deregulation Act 2015 do

A

Make S21 longer process for landlords

Need to provide:

EPC
Gas cert
EICR
Protect deposits
How to rent checklist