The Assured Shorthold Tenancy is the default tenancy for most dwellings in England and Wales. It is a form of Assured tenancy with limited security of tenure, which was introduced by the Housing Act 1988, with important changes made by the Housing Act 1996. The assured shorthold tenancy is now the most common form of arrangement which involves a private Residential Landlord renting a property to a Tenant. The equivalent legislation in Scotland is Short Assured Tenancy.
Read more about Assured Shorthold Tenancy: Requirements To Create An Assured Shorthold Tenancy, Security of Tenure, Exclusions
Famous quotes containing the word assured:
“Our Lamaze instructor . . . assured our class . . . that our cervix muscles would become “naturally numb” as they swelled and stretched, and deep breathing would turn the final explosions of pain into “manageable discomfort.” This descriptions turned out to be as accurate as, say a steward advising passengers aboard the Titanic to prepare for a brisk but bracing swim.”
—Mary Kay Blakely (20th century)