Making it legal & Assured Shorthold Tenancy

Be clear on the details of an assured shorthold tenancy (AST).

Making it legal & Assured Shorthold Tenancy

Making it legal

Before the tenancy begins, both parties should sign a correctly framed legal agreement. If you are using an agent, he or she can draw one up for you. Ensure you fully understand its terms before signing.

Assured Shorthold Tenancy (AST)

This is the most usual type of agreement, but it is not appropriate for all letting arrangements – for example, holiday and company lets.

Broadly, an AST gives the landlord the right to repossess his property at the end of an agreed term. An Accelerated Possession Procedure is available should a tenant fail to vacate.

 

With thanks to BuyAssociation.