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Property Mentor Investment Questions
The following question was recently submitted to our property experts by an individual looking for advice on how to deal with their property let. If you have got a question regarding your tenancy/property, contact us now via the link to the right.
Submit your own questionsQ: What Does 'Joint and Several' Mean?
I noticed in my tenancy agreement the phrase 'joint and several' - what does this mean?
A: If this phrase is appearing in your tenancy agreement, then this usually means that there is more than 1 person living in the property. By using this expression it means that, jointly, 'all tenants are liable for the payment of all rents as well as all liabilities falling upon the tenant during the agreement i.e. such as a breach of the tenancy agreement'. This means should 1 of your fellow tenants fail to pay their rent, you will all be responsible for paying it.
More about the author
Matthew Lauchlan, Property Mentor Director
I have been investing since 1984, and from the good of the 1980's to the lows of the 1990's, I thought I had seen it all, but the course proved otherwise. I first heard about it from a group of friends. They had been on the course the year before... Read more
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