Paragraph 10 I1
Paragraph 3(b) does not apply in relation to a holding deposit paid to a letting agent if—
(a)
the agent takes all reasonable steps to assist the landlord to enter into a contract before the deadline for agreement, and
(b)
the landlord takes all reasonable steps to enter into a contract before that date, but
(c)
the contract-holder fails to take all reasonable steps to enter into a contract before that date.
Annotations
Commencement
- I1
Sch. 2 para. 10 in force at 1.9.2019 by S.I. 2019/1150, art. 2(d)
Notes on the whole Act
Textual amendments
- F1
Title substituted (1.6.2026) by Renters’ Rights Act 2025 (c. 26), ss. 45(2), 145(3) (with s. 138); W.S.I. 2026/6, art. 2(c)