by Alec Hanson - Just Do Property Host | 23 Jun 2019
This is the person owning land and who is therefore entitled to it for his/her own benefit. This is different from say a trust etc that may hold land for the benefit of someone...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
One who benefits from another such as the act of invoking an insurance policy or deed of...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
Is a deduction from existing housing benefit payments and used to recover payment from tenants. Such recoveries can impact upon rental income creating a shortfall if such benefits are paid direct to...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
This refers to the agents that manage/act on behalf of the freeholds and leaseholds normally for a block of flats or apartments. They will usually arrange things like: building insurance tending the gardens general cleaning and re-decoration of shared...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
Another term meaning arrangement fee. Booking fees are normally paid upfront to book the...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
Clause within a contract that allows the exit of that contract normally with stipulations. These are sometimes used in conjunction with fixed term tenancies and will normally allow either party to get out (normally with about 2 months notice) before the end of the new...
