Deed of Assignment

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    #1

    Deed of Assignment

    I would just like to check my facts on Deed of Assignment.

    I have 2 Tenants one of which has given notice to leave, the remaining Tenant would like to stay on and move his girlfriend in asap.

    After reading through previous postings on this site I asked Agent to arrange Deed of Assignment as I would like Tenancy to continue as a Periodic one. The agent is now saying that this can not be done and that a new Contract needs to be drawn up for the remaining Tenant and his girlfriend. Is this just the Agent trying to make more money out of the Tenants or is it correct?
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    #2
    Originally posted by BMc View Post
    I would just like to check my facts on Deed of Assignment.

    I have 2 Tenants one of which has given notice to leave, the remaining Tenant would like to stay on and move his girlfriend in asap.

    After reading through previous postings on this site I asked Agent to arrange Deed of Assignment as I would like Tenancy to continue as a Periodic one. The agent is now saying that this can not be done and that a new Contract needs to be drawn up for the remaining Tenant and his girlfriend. Is this just the Agent trying to make more money out of the Tenants or is it correct?
    Agent is wrong and possibly just wants £££ for arranging new tenanacy!
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

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      #3
      I thought you were on holiday Jeffrey

      I was going to say that they probably don't do many Deeds of Assignment and don't have a ready document to hand.
      All posts in good faith, but do not rely on them

      * * * * * ** * * * * * * * * * * * *

      You can search the forums here:

      Comment

        #4
        Originally posted by Bel View Post
        I thought you were on holiday Jeffrey

        I was going to say that they probably don't do many Deeds of Assignment and don't have a ready document to hand.
        Yes (I'm on holiday until 11 April, despite which I didn't want the world to be deprived too long) and yes (Agent can't be arsed).
        JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
        1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
        2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
        3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
        4. *- Contact info: click on my name (blue-highlight link).

        Comment

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