Common Contracts
1 similar Shorthold Tenancy Agreement contracts
Shorthold tenancy agreement meaningShorthold Tenancy Agreement • November 24th, 2021
The short term insured tenant (AST) is the default residential rental category in England and Wales. It is a form of renter insured with limited security of residence, introduced by the Act 1988[n] and has seen an important default provision and an extension of its definition made by the Act 1996.[n 2] From February 28 1997 as regards accommodation to new tenants who are new to their owners, the short-term insured tenant has become the most common form of accommodation involving a private residential owner.[1] The equivalent in Scotland is a short guaranteed rental. Requirements The contract must meet the basic requirements of an insured lease (excluding the safety of permanent effects) and all of the following: One of the following characteristics: the lease started between 15January 1989 and 27 January 1997 (included) and was accompanied by a prescribed notice, It was for a fixed term, and for at least six months the rent has begun at 28 February 1997 The rent is not excluded from a
