Common use of Type of Tenancy Clause in Contracts

Type of Tenancy. This Agreement is intended to create an Assured Shorthold Tenancy as defined by section 19A of the Housing Act 1988 (as amended) and shall take effect subject to the provisions for the recovery of possession set out in section 21 of that Act. D EALING WITH THE DEPOSIT • What the Landlord or the Landlord’s Agent will do with the Deposit monies paid by the Tenant under clause 3 above; • What the Tenant can expect of the Landlord or the Landlord’s Agent when the Landlord or the Landlord’s Agent deals with the Deposit; • The circumstances in which the Tenant may receive less than the sum paid to the Landlord or the Landlord’s Agent as a Deposit at the conclusion of the Tenancy; and • The circumstances in which other monies may be requested from the Tenant 6.1 The Landlord’s Agent shall place the Deposit in a nominated account as soon as reasonably practicable. All interest earned will belong to «D0000_11280_0#Company_Name» Limited. The Landlord’s Agent is a member of the Tenancy Deposit Scheme (TDS Insured) operated by The Dispute Service (TDS) and will provide full details of the Tenancy to TDS within thirty days of the Deposit being taken - The terms and conditions and Alternative Dispute Resolution Rules governing the protection of the Deposit including the repayment process can be found on the TDS website. The website address for further information on Tenancy Deposit Protection in general is