Short insured agreements

For the first time in 1997, a short guarantee agreement is rent a Treaty of formal or "Rent" between landlords and tenants. Generally used for the rental of residential properties, the agreement is Colombia popular British countries where owners and tenants a fixed sum for a specified period. Depending on the service agreement, the United Kingdom leasing see the parties agreement soon AST (short secured distribution) or simply "the short rental". 1988Revised Housing Act in December 1996, the law defines the relationship between landlords and tenants by the creation of three conditions. First of all, the property must be separate apartments. Secondly, it must be a main house. Finally must be the tenant of the property a FrameAssured, the individual.Time short agreements have a fixed period of six months. However, tenants can arrange an agreement extended the first 12 months.ExceptionsThe owners cannot use the agreement a tenant in a high rate of rental such as 25,000 pounds per year to lock or the agreement permits a tenant, the low rent. The law allows the owners leave the property as a holiday home or while still in or life on you. Can a Appartenu well on the monarchy (the Crown) and owner can rent a private undertaking a property-rent .Types that are BenefitsThere of three types of agreements: ensures short lease, ensure controlled trucks for short-term hire and trucks for lease. The three first, the owner to remove and the resumption of legal ownership of property can request after the first. the owner reserves the right not to to renew lease. On the other hand, insured rent agreement tenant peRmet to stay in the outside of the periodShe fixed until the Court makes an order of restitution of the owner; This gives the lessee fixed more time.Notice of IntentAt at the end of the initial period to increase a notice announcing the intention rent owner of a Peutémettre rent both short secured and guaranteed lease. The landlord must at least a period of one month, of which the law considered type "a rental." The law of the lessee are to increase more protection under agreement.Right leasing regulated RepossessionThe Act on the housing of the Act 1988 makes the owner after the initial period and the tenant, the rent increase challenge the rent in all three types of agreements. However, with the agreement of guarantee short the owner has the right to remove the tenant if the latter do not increase.