Common use of Agent Deposit Protection Clause in Contracts

Agent Deposit Protection. The Landlord agrees that the Agent may use information given, including information about the Landlord, for the purposes of performing the Agent’s obligations to the Landlord and supply such information as is reasonably required to the scheme. Where the tenancy deposit is not held under a tenancy deposit scheme (e.g. non AST tenancies) it will be held by the Agent as ‘Stakeholder’ on behalf of the Landlord and the Tenant.

Appears in 5 contracts

Samples: Rent Collection & Compliance Service Agreement, Full Management Service Agreement, Rent Collection & Compliance Service Agreement

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