Private Renting Laws that All Landlords Must Know

private renting laws, buy to let investments

Are you planning to rent out your apartments and houses? Do you need help with private renting? Do you need property renting advice and private renting dss? In order for you to be guided accordingly, here are essential private renting laws that you need to know:

All Landlords who will Rent out Property Need to Register

It is the first law that governs private renting. All landlords must register with the local office where their property is located. It is considered as a criminal offense if you fail to apply and register. After submitting your application, the local authority will assess if you are qualified to serve as a landlord. As soon as your application has been approved, your registration will be valid for three years. After that period of time, you need to renew your registration so you can continue renting out your property.

All Landlords are Required to Get a License for Houses in Multiple Occupation

This applies when the landlord is renting out his or her property to three or more tenants who do not belong in one family. An example of this is if you plan to rent out your apartment to a set of students.

You can acquire this license by submitting your application to the local office in your area. After receiving your application, they will now inspect your apartment and assess if it is suitable for more than two tenants.

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Be sure your property passes the repairing standard

All Landlords must Ensure that Their Properties Pass the Repairing Standard

According to the private renting law, all properties that will be rented out must be water and wind tight, making it suitable and comfortable to live in. The interior and exterior of the property must be repaired properly.

Also, the water and electric supply must be properly installed. The property must exemplify good sanitation and the appliances and other fixtures must be under good working condition as well. It must also have a provision to send signal whenever there is fire.

All Landlords must Follow the Standard Rent Rate for Apartments, Houses and other Properties

When you register, your local authority will give you a list of the standard rent rate that you should ask from your tenants. Make sure to follow the standard rate so you can ensure that your registration will not be denied.

Of course, water and electric bills are not included in the standard rent rate. But you still have the responsibility to ask for fair payment from your tenants. Any violation can always be reported to the local authority.

All Landlords can Make Their Own Property Rules

As long as the rules do not violate the human rights of the tenants, landlords can always make their own property rules. Examples of these rules include prescribing a curfew and creating rules about peace and order in the property.

Having in mind all these property renting laws, you must ensure the quality of your property to the highest level to avoid problems with your local authority. If you feel that your property has not yet met the above-mentioned requirements, take some time to repair those flaws.

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