Landlords of residential property, who fail to register or protect (under a Tenancy Deposit Scheme) a deposit taken from a tenant, is liable to pay the statutory penalty of three times the deposit
The landlord must also notify the tenant of the details of the scheme within the statutory 14 days notified. Provided he does this before the tenant submits his application, the landlord will not have to pay the penalty
Labels: landlords residential property tenancy deposit scheme penalty
# posted by michael @ 07:56