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What is the difference between an assured periodic tenancy and a statutory periodic tenancy?
The main difference is that when the fixed term ends and it becomes a contractual periodic tenancy, the tenant remains liable for council tax until the end of the tenancy. With a statutory periodic tenancy, the tenant is only liable for council tax until the day they move out.
What is the notice period clause in a contract?
The period of notice required to be given under a term (whether express or implied and, if express, whether oral or in writing) of a contract of employment. It is possible for the employer and employee to have to give different periods of notice.
What are the disadvantages of periodic tenancy?
The main disadvantage to landlords with tenants on periodic tenancies is the fact the tenant can up and leave fairly quickly; there is no longer-term surety of income for the landlord.
What is the notice period for a contractual periodic tenancy?
If rent is paid, say, every 3 months, then the notice period for a contractual periodic tenancy needs to be 3 months, and 6 months if the rent is paid every 6 months. This is different for statutory periodic tenancies where the notice period stays at two months no matter how often rent is paid.
How much notice to give on a periodic tenancy?
Check what notice you need to give when you have a periodic tenancy. 4 weeks notice if your tenancy runs from week to week. 1 months notice if your tenancy runs from month to month. If your rental period runs for longer than a month, you need to give the same amount of notice as your rental period.
Notice period A section 21 notice has to give you at least 2 months. Some tenants have a right to a longer notice. For example, 3 months notice if your rent is due every 3 months. Section 21 notices are sometimes called no fault notices because your landlord does not need a reason for eviction.
Related links
Make Sure Paragraph 21 is Filled Out - TREC - Texas.gov
Aug 16, 2018 The One to Four Family Residential Contract (Resale), like many contracts, contains a Notices provision. In that TREC contract, the provision
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