Unfair Trading Tenancy Agreement

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NSF

Unfair Trading Tenancy Agreement

The 2008 Consumer Protection Against Unfair Trafficking Regulation defines a deceptive act as an act (or statement) containing false information and, therefore, false on a number of issues, including: extent of the landlord`s obligations to the tenant, the need for repairs to rental property, rent to be paid, handling of property complaints, , the adequacy of real estate to housing, etc. The deceptive act must lead the average potential tenant to surrender the lease if he did not otherwise do so. The right to “develop” the contract effectively means that a tenant (where the lease began on October 1, 2014) can terminate the contract and be exempt from any obligation under the lease if the lease was signed because of a deceptive act or aggressive practice. [15] To assert this right, the tenant must inform the lessor (or lessor) in the notice that he wishes to refuse the contract within 90 days of the start of the lease. There is no obligation to write it down, but it is strongly advised to do so. Nor is there any obligation for the tenant to prove that he has been harmed, nor that the landlord (or broker) acted dishonestly or negligently. The Competition Authority has introduced guidelines on abusive clauses in consumer contracts. These guidelines should apply to leases. The obligation not to apply “unfair” business practices applies to all landlords (and their representatives), including local authorities and authorities (“traders”) who act in a transaction with tenants (“consumers”). [2] Once the 90-day period has expired, a right of reduction can be invoked as an alternative to the right to process the lease.

A tenant may exercise his right of reduction in place of the right of withdrawal before the 90-day period expires. The discount granted to the tenant is calculated by the court according to the seriousness of the prohibited practice practice practiced by the landlord. This discount increases by 25% in stages, starting with a 25% discount for a smaller prohibited practice, up to a 100% discount for a very serious prohibited practice. The seriousness of a prohibited practice is assessed on the basis of the landlord`s behaviour, the impact of the practice on the tenant and the time elapsed since the prohibited practice.