Those tenancies that do not require a deposit to be
protected
Tenancy deposit protection is
a legal obligation that covers virtually all Assured Shorthold Tenancy
Agreement (ASTs) made from 6th April 2007 in England and Wales.
However, there are several circumstances,
where protection is not required, these are normally for those tenancies that
are not ASTs. These include situations such as:
-
Resident
landlords (i.e. those landlords living in the property)
-
The tenant is a
company;
-
The rent is more
than £100,000 per year;
-
The tenancy is
for a holiday let;
-
The tenancy
applies to a university or college renting out its own accommodation to
students.
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