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Jargon Buster

Understand property related jargon

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

  1. Tenancy

    The temporary occupation of a property by a tenant.

  2. Tenancy Agreement

    A legal agreement designed to protect the rights of the landlord and the tenant setting out all Terms and Conditions of the rental arrangements.

  3. Tenancy Deposit Protection Scheme (TDPS)

    All deposits being paid by a tenant for an Assured Shorthold Tenancy must be registered with a recognised deposit protection scheme within 14 days.

  4. Tenant

    An individual, group of individuals (up to four) or company who holds or possesses property for a time, in return for the payment of rent.

  5. Terraced house

    A property that forms part of a connected row of houses.

  6. The Property Ombudsman (TPO)

    The Property Ombudsman (TPO) is a free, fair and independent arbitration service which provides sellers, buyers, landlords and tenants with an assurance that they will receive the highest level of customer service.

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