RENT BOOK AND LEASE INFORMATION

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TENANCY & RENT INFORMATION

RENT BOOK & LEASE INFORMATION

Under law, your landlord must provide a tenant with a rent book or a lease. This is used to record all rent, deposit, and other payments made by you. The rent book or lease should contain other useful information on the tenancy including an inventory list (pages 20 & 21) of all items provided as part of the tenancy, your details and the name, address and contact details of your landlord and their agent if they have one. All payments must be recorded either in the rent book or, if you pay through the bank, by receipt stating the amount, purpose and date of the payment and the period to which it relates. Where payment is made by any other method, for example direct debit, your landlord must, not more than 3 months after receipt, either record it in the rent book or provide you with a written statement of the amount, purpose and date of the payment and period to which it relates.

Tenancy Agreement: Written Contract (Lease)

The terms of a lease govern the contract and the landlord and tenant are bound by it, except when contradictory with statutory provisions. A lease agreement is normally for 12 months – this can be a problem for students, as the college term is 8-9 months and should be a major factor to be taken into consideration before signing a lease. Do not sign any letting agreement or lease that you have not read or that you don’t understand.