Landlord tenant act - some basic guidelines
Government of UK created many laws to minimize the disputes between landlord and tenant, but problems are still there. In order to define the role, authority and responsibility of both parties government launched the landlord tenant act. These acts and laws can vary from state to state but they are very much similar with each other. Here, we will discuss the different acts created by authority:
Rent amount – Landlord is the only person who can decide the rent amount. But he/she can not charge the higher rent. Rent should be charged according to the services provided to tenant.
Security deposit – Security deposit is money provided to landlord by tenant. There is no fixed price for it, but generally tenant gives the money equal to the rent of 2 months. It is refundable amount and no one can use this money for any purpose. This amount can be used only to recover the unpaid rent amount.
Evict – As per landlord tenant act, tenant may be evicted any time with following reasons:
• Non- payment of rent
• Damage the property intentionally
• Violation of agreements and unlawful acts
• Contact with unsocial means or terrorist group
Privacy – Both parties should respect the privacy of each other. No one can disturb each other in any case. Landlord can not inspect the rented property without permission of tenant or landlord has to serve notice period before the inspection.
Rent hike and Pets – According to this act, rent amount can be increased by 10% every year. But property owner has to serve notice of 1 month before taking the step. As far as pets are concerned, it should be decided by both parties before the agreement.
Borton Stevens is an expert author and has more then 7 years of experience in writing finance related topics. To know more about Landlord Tenant Act Visit: http://www.landlordtenantact.co.uk/
Article Source: Messaggiamo.Com
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