Let & let agreed definition.
What does 'let' and 'let agreed' mean (I see it as a search option.) Thanks.
Asked on Jul 22 2013,
General in London |
These are basically just two different stages of the rental process. When a board or a website says let, it means that the property has been under offer from a prospective tenant, but all the loose ends have been tied up and they are either moved in or have agreed to do so and signed the tenancy.
When you see the term let agreed, this basically means that an application has been placed for a home by a tenant, the landlord or agent has agreed to this and accepted it, but they are still waiting for all of the paperwork and details to be finalised. This stage will include such things as credit checks, references and the payment of any security deposit and normally the first months rent.
Answered on Jul 25 2013,
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