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Would an Agent be regarded a a debt collector... PDF Print E-mail

Dear Vivien


I came across an article from August 2010 on Rent News from the Centre.

It states that any penalties charged for late payment or non payment of rental can only be charged if the agency is a registered debt collector/ Would an Agent be regarded a a debt collector in terms of receiving regular rentals?

I look forward to your comment/s.

Kind regards--
Noni

Reply:

Dear Noni

An estate agent/rental agent is not a debt collector and can only impose a penalty under certain conditions.   I would suggest you undergo some sort of training which would update you on the latest legislation and how to implement it.

 
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