Terms of Business
Stanley Students Limited / Version 2025-2026
Stanley Students Limited’s terms of business, including Managed Service Agency Agreement, cover various aspects of property management.
These terms include fees, liability for non-compliance with licenses, and responsibilities of both landlords and tenants, according to Stanley Students Limited and a Managed Service Agency Agreement.
Key aspects of Stanley Students Limited’s terms of business:
Managed Service Agency Agreement:
This agreement outlines the duties and responsibilities of the agent (Stanley Students Limited) in managing properties for landlords, including tenant referencing, rental collection, and property maintenance.
Fees:
Stanley Students Limited charges fees for various services, including letting fees, which are non-refundable in certain circumstances (e.g., if the tenant withdraws their application or fails references).
Liability:
The agreement clarifies the liability of both the agent and the landlord. The agent accepts no liability for breaches of license terms, but the landlord is responsible for ensuring the property complies with relevant licenses.
Landlord Responsibilities:
Landlords are responsible for providing the property with the necessary certifications and ensuring it meets the terms of any relevant licenses. They also authorize the agent to manage the property, including collecting deposits.
Tenant Responsibilities:
Tenants are expected to adhere to the terms of the tenancy agreement, pay rent, and follow the tenant handbook’s guidelines.
Cancellation and Updates:
The Managed Service Agreement can be updated, and landlords can choose to start services immediately, potentially incurring fees if they later terminate the agreement within the cancellation period.
Guarantors:
In some cases, guarantors (usually parents or guardians) may be required to take responsibility for rental payments if a tenant fails to do so.
Full Agreement:
The terms of business, along with any application form, constitute the entire agreement between the parties and supersede any previous agreements or understandin
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