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WHAT DOES THE LAW SAY ABOUT SECURITY DEPOSIT FRÓM THE TENANT.
Renting a property involves various legal aspects to protect both landlords or property managers and tenants. One crucial element is the security deposit, a sum of money paid by the tenant to secure the performance of their obligations during the tenancy. In this blog post, we'll delve into the legalities surrounding tenant security deposits, focusing on the key provisions outlined in The Landlord and Tenant Act 2022.1. Limitations on the Amount of Security Deposit.According to the law, a landlord is permitted to request a security deposit, but with specific limitations. Notably, a landlord cannot demand more than one security deposit, and the amount should not exceed the equivalent of one month's rent or one-twelfth of the annual rent, whichever is less. These restrictions are in place to ensure that tenants are not burdened with excessive upfront costs.2. Terms and Conditions for Withholding the Security Deposit.It is imperative for landlords to communicate the terms and conditions g

I NEED A HOUSE NEAR THE ROAD, WHAT EXACTLY DOES THAT MEAN?
Finding the perfect rental home can be a thrilling yet challenging endeavor. As potential tenants embark on the house-hunting journey, they often express a preference for a residence "near the road." While this statement may seem straightforward, the reality is that the interpretation of proximity to the road can vary greatly between renters and agents. I have thus observed that this divergence in perspectives often leads to disagreements and misunderstandings during the house-hunting process.The Ambiguity of "Near the Road".When a prospective tenant declares, "I need a house near the road," the ambiguity of this statement becomes evident. What does "near the road" really mean? Does it imply living right alongside a busy street or highway, or does it suggest a location within a certain distance from a road for convenience? The answer to these questions depends on individual preferences, lifestyle, and even the context of the location.The Perspective of the Renter.From the renter's pers

THE ADVANTAGES OF BUYING A PROPERTY IN AN ORGANIZED AND SERVICED ESTATE.
Purchasing property is one of the most significant investments a person can make in their lifetime. When making such a substantial investment, it's crucial to consider all the factors that can enhance your quality of life, offer peace of mind, and ensure long-term value.   One option that has gained popularity in recent years is buying property in an organized and serviced estate. Estate developments offer a plethora of advantages that go beyond the traditional real estate purchase. In this blog, we will explore the numerous benefits of investing in a property within a well-structured and serviced estate.1. Security and SafetySafety is a top priority for most homeowners, and organized and serviced estates often excel in this regard. These developments typically have controlled access points, security personnel, and surveillance systems in place, creating a secure environment for residents. With gated entrances and vigilant security teams, residents can enjoy a heightened sense o

SHOULD YOU BUY A COMPLETE HOUSE OR SHOULD YOU BUY LAND AND BUILD A HOUSE?
One of the biggest decisions people face when it comes to buying a home is whether to buy a complete house or buy land and build a house from scratch. There are pros and cons to both options, and the right choice will depend on various factors, including the following: personal preferences, budget, location, and timing. In this blog post, we will explore the advantages and disadvantages of each option to help you make an informed decision. Building a House on Your Own Land. Building a house on your own land can be an exciting and rewarding experience. Here are some of the advantages of building a house on your own land: Customization: Building your own house means you have complete control over the design and layout of your home. You can customize every aspect of the house to your liking, from the number of rooms to the materials used for construction. Lower costs: Building a house on your own land can be cheaper than buying an existing house, especially if you have