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Principles |
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All
members must deal fairly with landlords, tenants, suppliers of
services and members of the general public and not discriminate. |
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All
members must adopt the principles, listed below, when dealing
with the following:
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Landlords |
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To
agree with the landlord, in writing, the terms of appointment
including fee structure and the other services for which additional
fees may be charged. |
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To
draw the attention of the landlord to their possible need for
services not supplied by the member agency. |
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To
disclose in writing to relevant parties any existing conflict
of interest - or any circumstances which are likely in future
to give rise to a conflict of interest. |
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To
manage the client's property in compliance with all current applicable
legislation. |
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To
ensure that the balances of rent are promptly paid over to the landlord. |
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To
ensure that tenants' deposits and any tax withheld are kept separate
from the company's accounts at all times, and that accounts can
be individually identified. Such funds shall be held in a recognised
bank or building society in clearly designated client accounts. |
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To
keep detailed records of all transactions relating to the landlord's
property. |
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To
ensure that repairs and maintenance requirements are dealt with
promptly having regard to the urgency and the availability of
funds. |
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To
provide the landlord, in the case of major works, with a written
estimate and to obtain consent before proceeding. |
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Tenants |
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To
ensure, as far as is possible, that the tenant understands the
tenancy agreement and their obligations. |
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To
ensure the tenant is made fully aware of the importance of the
inventory and to recommend the tenant be present at both check-in
and check-out. To advise the tenant to check the inventory supplied
at the start of the tenancy and to request the tenant to sign
and return the inventory within seven days, making it clear that
if they fail to do so, the inventory and the schedule of condition
will be deemed correct and used for check-out purposes. |
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To
deal promptly with dilapidations and deposit return at the end of
the tenancy. |
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Suppliers
and contractors |
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To
ensure, as far as is possible, that the contractor clearly understands
what work is required and to obtain a quote for the cost of work
before allowing a contractor to proceed, or to inform the contractor
at the time of instruction of the maximum amount of expenditure
without further reference to the agent. |