Duties, Safety and Compliance

Gas, electrics, deposits, licensing: what you are legally responsible for

A landlord who hands you the keys also hands you a heavy load of legal duty, and this book explains what you are responsible for as a property manager. It sets out the legal framework in plain English, including why the rules reach you even though you only manage and do not own. You will see the two separate kinds of permission a manager must think about and why confusing them is costly, and the two contracts you live inside at once. The operational heart of the book covers the safety duties that protect people from harm, from gas and electrics to deposits and licensing, alongside insurance. The tax chapter explains one of a manager's quiet advantages and how to choose a structure. A compliance checklist turns the duties into a routine that survives a busy week, and the final chapter sets out what slipping actually costs. Next in this series: “A Managed Portfolio That Runs Itself”.

What’s inside

• The legal framework in plain English
• Permissions, licensing and planning
• The contracts, and what must be inside them
• Insurance, safety and your legal duties
• Tax treatment and choosing a structure
• Your compliance checklist
• Getting this wrong: what it actually costs

Educational material only, not financial, legal or tax advice. Results are not typical and are not a guarantee of income. Freedom Property Academy LTD, registered in England and Wales.