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Fast Fair Secure PRESCRIBED INFORMATION RELATING TO TENANCY DEPOSITS* The Deposit Protection Service Insured scheme NOTE: The landlord must supply the tenant with the Prescribed Information regarding.

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A Custodial Scheme is a scheme for the protection of residential tenancy deposits. ... Under our Custodial Scheme, when a Landlord, Letting Agent or Organisation receives a Deposit from a Tenant, they pass the money to us for safekeeping. Customer Service Centre. This is our telephone contact centre.

The landlord is required to issue Prescribed Information, along with the Scheme Leaflet, to the tenant(s) and any relevant person(s) within 30 days of receiving the deposit. This is the Scheme Leaflet.

The landlord or agent must provide the tenant(s) and any one who paid the deposits on behalf of the tenant (classed as 'relevant persons') with specific details of the deposit protection and a leaflet explaining how TDS works. This is called prescribed information.

There are two types of TDS: A custodial TDS requires a landlord to pay its tenant's deposit to a scheme administrator, who holds the deposit until the tenancy ends. An insurance TDS where the landlord retains possession of the deposit, but secures it by paying a fee and insurance premiums to the scheme administrator.

You'll probably have to pay a 'tenancy deposit' to your landlord or letting agent before you can rent your home. ... If you have an assured shorthold tenancy, your deposit must be 'protected' in a tenancy deposit scheme (TDP) until you move out of the property.

Prescribed information is information landlords, who have taken a tenancy deposit, need to serve on their tenants about the tenancy deposit protection scheme they have used to protect the deposit money.

There are two types of TDS: A custodial TDS requires a landlord to pay its tenant's deposit to a scheme administrator, who holds the deposit until the tenancy ends. An insurance TDS where the landlord retains possession of the deposit, but secures it by paying a fee and insurance premiums to the scheme administrator.

In short, the requirements of the prescribed information are legislative, rather than required by TDS, and the tenant's failure to sign the document does not prevent access to TDS or our dispute resolution service. The requirement is to give the tenant the opportunity to sign it.

Key Facts - This legislation was ammended 6th April 2012 with the Introduction of the Localism Bill. The PRESCRIBED INFORMATION) ORDER 2007 No. 797 defines exactly the information that the Landlord is required to supply their Tenant with regard to any monies that have been given in respect of a deposit.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232