Key Terms and Definitions

What is a Gas Safety Certificate?
A Gas Safety Certificate is a required document which determines the safety of the gas appliances within your property. It is a legal requirement to be done...
Wed, 3 Jan, 2018 at 10:36 AM
What is an EPC (Energy Performance Certificate)?
An EPC (Energy Performance Certificate) provides a rating on the energy efficient of your property. All domestic and commercial buildings in the UK availabl...
Wed, 3 Jan, 2018 at 10:41 AM
What is Echo Sign and can I trust a digital signature?
EchoSign is our document signing tool which enables landlords and tenants to sign off documents in a swift and easy manner.  Digital signatures are beco...
Mon, 12 Feb, 2018 at 9:33 AM
What is a Property Inventory?
A property inventory is a report that documents the condition of your property. The advantage of a property inventory is that it enables you as the landlord...
Wed, 3 Jan, 2018 at 2:14 PM
What is a Statutory Periodic Tenancy?
Tenancies usually start with an agreed fixed-term, (for example 6 or 12 months) during which time both parties are contractually bound - the tenant to pay r...
Tue, 3 Apr, 2018 at 11:45 AM
What is an Assured Shorthold Tenancy (AST)?
The most common form of tenancy is an AST. Most new tenancies are automatically this type. A tenancy can be an AST if all of the following apply: you’re ...
Tue, 3 Apr, 2018 at 11:46 AM
What is a HMO?
If you let a property which is one of the following types it is an HMO: An entire house or flat which is let to 3 or more tenants who form 2 or more house...
Tue, 3 Apr, 2018 at 11:48 AM
What is a break clause?
A clause in a lease agreement giving the landlord or tenant or both the right, under specified circumstances, to terminate the agreement, before its normal ...
Tue, 3 Apr, 2018 at 11:53 AM
What is a breach of contract?
Failure to comply with the terms of an agreement. Gives the aggrieved party the right to claim damages, to rescind the contract or to enforce through specif...
Tue, 3 Apr, 2018 at 11:54 AM
What is a Deed of Assignment?
A Deed of Assignment is used where an existing tenant or tenants wish to leave a property before the date of termination of any Tenancy. This typically incl...
Tue, 3 Apr, 2018 at 11:54 AM