Please explain the term "Let Agreed"
Asked on Feb 8 2011,
Renting in Torquay |
'LET AGREED' means that the property has been applied for and the prospective tenants have been accepted. The property is currently not available to let. It may be worth you registering your interest with the agent in the event of the application falling through.
Answered on Feb 8 2011,
The above answer is right, a prospective tenant has been found and the tenancies are generally in the process of being finalised.
Answered on Feb 15 2011,
Good question, and both answers above are correct. It means that the offer has been put forward to the landlord, and he has now accepted the odder. As stated above, it's still worth keeping an eye on the property, as there is a possibility that the offer can fall though.
Answered on Feb 16 2011,
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