A single agent is instructed to undertake a let or sale.
A taxable amount which is paid dependant on the price of the property with different bands taking affect at various price brackets.
An instruction in which the tenant makes to their bank to make payment of rent, normally these are made each month. The time span of payments will be outline by the tenant and will be continued to be paid until cancellation by the tenant.
Acts of Parliament can place obligations or requirements on Landlords and/or their agents.
Subject to Contract
Shows that an agreement is not yet legally binding.
Superior Lease or Head Lease
A lease that is held by a landlord however another individual owns the freehold. Therefore there two sets of obligations that a tenant has to abide to.