Tenancy Deposit Schemes
A practice note that explains the statutory requirements relating to tenancy deposit schemes (TDSs) for assured periodic tenancies (APTs) in England. This practice note outlines the core obligations for landlords to protect a tenant's deposit in a government-authorised scheme, distinguishing between custodial and insurance-based schemes. It details the necessity of complying with initial requirements and providing prescribed information to the tenant within 30 days of receiving the deposit. Practical considerations, such as the transfer of a protected deposit when selling a property, are also addressed.
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