Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Landlords Face £7,000 Fine for Missing Renters’ Rights Act Info Sheet Deadline
Landlords are required to issue the Renters’ Rights Act information sheet to all tenants named on the tenancy agreement by the end of this week. Failure to comply could result in a £7,000 fine, according to a government warning reported by Property118.
The government has specified that a copy of the information sheet must be provided to every tenant listed on the tenancy agreement. The deadline for distributing this document is before 31st of the month, as stated in the government’s warning.
Letting agents and inventory clerks should ensure that their landlord clients are aware of this requirement and that the information sheet is delivered to all relevant tenants in a timely manner. This measure is part of the Renters’ Rights Act, and non-compliance carries a significant financial penalty.
Source: Property118