Common use of TWO MAIN ROLES Clause in Contracts

TWO MAIN ROLES.  To protect deposits.  To help resolve disputes about deposits. Tenancydeposit protection applies to all deposits for Assured Shorthold tenancies that Started in England or Wales on or after 6 April 2007. By law, a landlord or agent who receives a deposit for such a tenancy must protect the deposit. Most residential tenancies in the private rented sector are Assured Shorthold tenancies, with some exceptions. For example, a tenancy cannot be an Assured Shorthold tenancy if:  the tenant is a company;  the rent is more than £100,000 a year;  the tenancy is for a holiday let; or  a university or college rents the accommodation to its students.

TWO MAIN ROLES.  To protect deposits.  • To help resolve disputes about deposits. Tenancydeposit Tenancy deposit protection applies to all deposits for Assured Shorthold tenancies that Started in England or Wales on or after 6 April 2007. By law, a landlord or agent who receives a deposit for such a tenancy must protect the deposit. Most residential tenancies in the private rented sector are Assured Shorthold tenancies, with some exceptions. For example, a tenancy cannot be an Assured Shorthold tenancy if:  • the tenant is a company;  • the rent is more than £100,000 a year;  • the tenancy is for a holiday let; or  • a university or college rents the accommodation to its students.

TWO MAIN ROLES.  To protect deposits.  To help resolve disputes about deposits. Tenancydeposit Tenancy deposit protection applies to all deposits for Assured Shorthold tenancies that Started in England or Wales on or after 6 April 2007. By law, a landlord or agent who receives a deposit for such a tenancy must protect the deposit. Most residential tenancies in the private rented sector are Assured Shorthold tenancies, with some exceptions. For example, a tenancy cannot be an Assured Shorthold tenancy if:  the tenant is a company;  the rent is more than £100,000 a year;  the tenancy is for a holiday let; or  a university or college rents the accommodation to its students.