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PropertyTenancy AgreementDo you have a residential investment property you let to tenants? The implementation on 1st April 2007 of the provisions of the Private Tenancies (Northern Ireland) Order 2006 means that those landlords renting out residential property have to comply with new rules. These rules include a legal requirement to provide a Statement of Terms and a Rent Book to the tenant and obtaining a certificate of fitness from the local council if the property was built prior to 1956 (currently the enforceable requirement introduced by the department is prior to 1945). more...
Whilst not a legal requirement all landlords should protect their interests by having tenants sign a tenancy agreement to clarify the legal arrangement. It is a criminal offence for a landlord to fail to provide the Statement of Terms to a tenant within 28 days of commencement of the letting punishable on conviction by a fine of up to £2500.00
£49.00
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