12:30 PM, 22nd June 2015, About 7 years ago 4
Question – Lease Agreements and Holding Bond
I send out to my tenants the AT5 form and lease agreements by Email.
As is the case with students these days, they appoint a scout to secure a property because the other co tenants are exploring the world.
I offer Single Household Assured Tenancies on a joint and several liability basis. There are normally 3 or 4 named persons on the lease agreement. They often send back individually their signatures in the required fields so what I have in effect is 3 or 4 separate pages of signatures and not 1 page with ALL the signatures.
For a single household Assured Tenancy must all signatures be on the one page?
Also does a holding bond need to be protected and at what stage is the holding bond part become the deposit – when the tenants have sent me the signed lease agreement or when I have received their signatures and then placed my signature on the lease and sent out the agreement?
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