A buyer who intends to let out a Company Title home unit
should check with their solicitor or conveyancer whether
the particular company allows letting. The company can
refuse to allow letting at its own discretion. Most
companies have rules and regulations relating to letting.
If the company allows letting, each prospective tenant is
required to produce at least two references and must
usually attend an interview. On occasions, Company Title
Boards will refuse to allow a tenant to occupy a unit if
they are not satisfied that the tenant is a fit and proper
person to live in the place, or if the tenant intends to
allow other people to live in the unit without company
approval.
If a company refuses a tenant, it is up to the owner to
resolve the issue.
The company will not become involved with discussing the
matter with the tenant.
For more information,
email
John F. Morrissey and Company, lawyers.