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Rental Health Check
For
new clients, our Rental Health Check programme reviews existing
company tenancy arrangements, and makes suggestions for future improvements.
For each tenancy, we check the agreement and ensure that it is in
order and enforceable. We check for any possible tax liability resulting
from rental payments, and check to see where the rental deposit
is being held, and by whom. Finally, we check to see that a proper
inventory and schedule of condition was taken at the start of the
tenancy, and we assemble a check-out file, in readiness for the
eventual termination of the tenancy. Our "do-it-yourself"
Rental Health Check Kit is also available for clients who would
like to carry out the investigative work themselves.
Summary
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Suitability:
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For
company administrators or personnel managers who want to ensure
the proper administration of company residential tenancies. A
"do-it-yourself" health check kit is also available
for companies who would prefer to carry out the checks in-house. |
Service
Elements
Contract
Review |
We
review the rental contract and check that it is in the correct
form and enforceable. We review the clauses of the contract,
report on variations, and check the position regarding termination.
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Consents |
We
ensure that mortgagees and insurers consents have been obtained
where appropriate.
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Tax Position |
We
review and advise on the tax position of any payments made
to the Landlord.
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Security
Deposit |
We
make enquiries concerning the security deposit, who is holding
it, and where.
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Inventory | We
check that a proper inventory and schedule of condition was
taken at the start of the tenancy. |
Client
Report | Finally,
we report our findings together with our recommendations for
action. If approved, we implement our recommendations, and report
the action taken to you. |
1.2.1.16 - v1.1
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