Property Management Flashcards
(5 cards)
What Act Implemented Right to Rent Checks
Immigration Act 2014, effective since 2016. Penalty up to £3,000
What statutory requirements must landlords meet?
Electrical Safety Standards in the Private Rented Sector Regulations 2020
Smoke and Carbon Monoxide Alarm Regulations 2022
Gas Safety (Installation & Use) Regulations 1998
Minimum Energy Efficiency Standards 2018
What are the EPC Exemptions for non-domestic properties?
- Wall insulation
- 7-year payback
- All improvements made
- No improvements to be made
- Third party consent
- Devaluation 5%
- Recent LL
What to include in lettings particulars?
Council Tax / Domestic Rates
Rent
Deposit(s)
Property type
Property construction
Number and types of room
Utilities
Mobile signal/coverage
Parking
If applicable:
Building safety
Restrictions
Rights and easements
Flood risk
Coastal erosion risk
Planning permission
Accessibility/adaptations
Coalfield or mining area
Energy Performance Certificate (EPC)