Taking a Guarantor

TENANTS OFTEN DEFAULT IN THE PAYMENT OF RENT LANDLORDS MAY PROTECT THEMSELVES BY TAKING A GUARANTOR   Why have a guarantee? If the tenant defaults in paying the rent or breaches some other obligation of the tenancy, the guarantor can be required to pay. This...
Leases in Writing and as a Deed

Leases in Writing and as a Deed

Except for a tenancy taking effect in possession with a term not exceeding 3 years [s.2(5)(a) Law of Property (Miscellaneous Provisions) Act 1989],  a contract for the disposition of an interest in land (which includes tenancy agreements) can only be made in writing...
Deed in writing and witnessed?

Deed in writing and witnessed?

In order to have a valid contract, there must be offer, acceptance and consideration. Consideration is something of economic value which is why often you see companies being purchased for £1.00. If no money was paid, it could be argued there was no contract which is...

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