Primary Authority Assured Advice applicable to all TPO member agents was obtained from Warwickshire County Council on 'Developers and Rental Income Guarantees' (Advice 36) and 'Violent Deaths and Paedophiles'.
Primary Authority advice is available to all TPO members to view, follow and to rely upon should Trading Standards Officers from a different local authority have a different interpretation of the legislation.
Assured Advice 36: Developers and Rental Income Guarantees
Advice requested:
- What rules must an agent follow when marketing residential properties as buy-tolet investment opportunities with rental income guarantees on behalf of developers?
- What due diligence should an agent exercise when marketing properties on behalf of clients who are developers?
READ THE ADVICE ISSUED HERE
Assured Advice 37: Violent Deaths and Paedophiles
Advice requested:
- The previous occupant of a property was murdered or committed suicide; do I need to disclose this to potential purchasers / tenants?
- The vendor of a property is a convicted paedophile. Do I have to tell potential purchasers? What if the paedophile is not the vendor, but a near neighbour?
READ THE ADVICE ISSUED HERE