Thank you for your instruction to market the above Property on a let only basis.
ND Estates is a member of the ARLA Propertymark scheme and the Jersey Estate Agents Association as well as The Property Ombudsman and therefore some of the terms of this letter are a requirement of those organisations.
We will endeavour to find a suitable tenant of your above referenced Property and will market the Property for an asking monthly rental of [monthly rent] on a multi agency instructed basis.
Your principal letting contact will be [principal contact]. Your Director contact is [director contact].
Our fee for the letting is [letting fee percent] of the gross annual rent ([annual rent gross]) plus GST for 12 months, payable at commencement. At asking rent the fee is [fee at asking net] plus GST at [gst rate]% ([fee at asking gst]), total [fee at asking price].
The fee becomes payable when we have successfully let the Property. The fee is also payable if you let the property yourself or through a third party and you are bound by this sole agency agreement. If the letting does not proceed where you decide not to let the property you will be responsible for the fee.
In the event you instruct us to prepare a lease on your behalf you are advised to obtain legal advice on the terms of the lease and advise us in writing of any amendments required.
Should you wish your lawyer to provide the lease please confirm this to us in writing.
*The Credit Reference check undertaken is limited in that it only applies to Jersey and is supplied by a third party and we provide no opinion or guarantee as to the suitability of the tenant.
**References are supplied by third parties, and we provide no opinion or guarantee as to the suitability of the referees or the tenant.
As a Landlord you are required under the law to pay any deposit into the MyDeposits Jersey scheme within 30 working days of the payment of the deposit to you by the Tenant.
If you are relocating from the Island or Jersey is not your principal place of residence or domicile you will need to comply with the Non-Resident Landlords scheme and supply us and the Tenant with a good compliance certificate from the Government of Jersey Taxes office.
Should at any time after the commencement of the tenancy unconditional contracts for the sale of the landlord’s property are exchanged with the tenant or any associated party, the agency will be entitled to a commission of 1.05% of the sale price including GST,
The Property will be marketed on our website, on various local property portal websites and Apps as well as where applicable in the local printed press. We also make use of Digimap to show the location of your property unless you specifically instruct us in writing that you do not wish us to do so.
By your instruction you are confirming to us that you are the owner of the Property and not acting in advance of any purchase or acting on behalf of any third party. If you are still to complete the purchase of your Property we cannot undertake marketing unless you provide written confirmation from the Vendor that we may do so and that you are under binding agreement to purchase the Property.
We confirm that all viewings to take place will be carried out accompanied by a member of our staff at our discretion.
Please note that we cannot guarantee that a tenant will be found in the timescale specified due to the nature of the market.
Whilst we will take references on your behalf no guarantee can be given concerning the references or the payment of rental by the tenant in the future.
We undertake Credit Referencing of prospective tenants via third party agencies.
Please advise us in writing if you do not wish the tenant to be credit referenced.
Further we are not able to guarantee that any tenant will ultimately honour any Lease or Agreement in respect of your Property. Whilst it is unusual it is sometimes the case that the tenant will leave before the expiry of the term and may not honour rental or deposit terms. These are circumstances that are beyond our control but may be recoverable under legal proceedings and for which you would need to obtain legal advice.
ND Holdings Limited (as owner of ND Estates) is registered with the Jersey Financial Services Commission as a specified Schedule 2 business under the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 and we are required to collect customer due diligence in accordance with the Money Laundering (Jersey) Order 2008.
Therefore, I should be grateful if you could bring in to the office as soon as possible one each of the items shown on the list attached to this letter on in order that we may copy the same for our records and retention.
Please sign and return a copy of this letter confirming your agreement to these terms.
ND Holdings Limited is registered with the Jersey Financial Services Commission as a specified Schedule 2 business under the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 and are required to collect customer due diligence in accordance with the Money Laundering (Jersey) Order 2008
We are required to confirm the identity of all Vendor(s) of property and in this respect we will require certain documents (listed below) as proof of identity of each individual and address). We are also required to keep a record of the evidence We have verified. If for any reason We are unable to confirm Your identity in the course of establishing a business relationship with You, We reserve the right to withdraw the Property for sale until formal proof of identity is received.
We require one of the undernoted items for each individual
We require one of the undernoted items for each individual
Please note that the same piece of information cannot be used both identification and address verification purposes.
Ongoing management: Lettings and management guide
Tenants: Guide for tenants