Deposit & Damages Course
Avoid fines and penalties by learning how to correctly handle your tenant’s deposit, avoid the end of tenancy damage, rent arrears and successfully manage claims and arbitration.
Taking a deposit from tenants is a valuable tool for landlords. It gives them an additional layer of protection (after a comprehensive tenant check) in the event of rent arrears or damages to the property.
Additionally, it encourages tenants to end a tenancy correctly so that they are in a position to get their deposit back.
However, since deposit protection legislation was introduced, it is now a legal requirement to protect your tenant’s deposit. All landlords must protect their tenants’ deposits and serve the prescribed information within critical timelines of receiving it in the UK.
Failure to comply can result in several penalties, including fines and potentially losing the ability to regain possession of the property (under a section 21 notice).
Our half-day course provides you with information on the principles of tenancy deposit protection. It offers guidance on best practices for creating an inventory and schedule of conditions, minimising disputes at the end of tenancy and obtaining a successful outcome if any dispute arbitration should arise.
The landlord Accreditation course includes:
- What is a tenancy deposit?
- Deposit protection
- Tenancy agreement and prescribed information
- Referencing and selecting tenants
- Inventory & Its purpose
- Check in and check out
- Fair wear and tear
- Calculating the value of damages
- Making a claim
Cost: £60 per delegate