Contract Law and Tenancy Agreements - Help!
#1
Contract Law and Tenancy Agreements - Help!
Seems like there are quite a few legal-minded people/'experiences in this matter' people on here, so maybe you can help me...
I let my property out to 4 tenants last year. I used an estate agent to find the tenants and take 10% of the rent.
When the tenancy started, I signed 2 pieces of paper:
1. A Marketing Agreement: this has no period specified for validity and says I 'will continue to pay 10% of rental income to the estate agent for as long as the tenant is in my property'. It does not specify who the tenants are.
2. A legally binding agreement between myself and the tenants for 12 months stating the property address and rent.
Now, a year later my estate agent is still trying to claim 10% of the fees, but I want to deal with the tenants directly. Can the agent do this considering:
- I have not renewed the legally binding agreement
- The Marketing Agreement does not specify who the tenants are
- The Marketing Agreement may not be legally binding by implication (?)
Let me know if you need more information before giving an opinion.
Many thanks in advance!
I let my property out to 4 tenants last year. I used an estate agent to find the tenants and take 10% of the rent.
When the tenancy started, I signed 2 pieces of paper:
1. A Marketing Agreement: this has no period specified for validity and says I 'will continue to pay 10% of rental income to the estate agent for as long as the tenant is in my property'. It does not specify who the tenants are.
2. A legally binding agreement between myself and the tenants for 12 months stating the property address and rent.
Now, a year later my estate agent is still trying to claim 10% of the fees, but I want to deal with the tenants directly. Can the agent do this considering:
- I have not renewed the legally binding agreement
- The Marketing Agreement does not specify who the tenants are
- The Marketing Agreement may not be legally binding by implication (?)
Let me know if you need more information before giving an opinion.
Many thanks in advance!
#3
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Is there a break clause within the body of the agreement? If so, you should serve notice immediately. If not, it may well be unenforecable because of 'uncertainty'.
#5
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Originally Posted by CoobyS
There is no break clause as far as I can see.
Very ambiguous....
Very ambiguous....
The fact that you have given written notice of termination will benefit you in the event of any court proceedings.
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Brendan Hughes
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02 February 2001 09:02 AM