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Questions and Answers
What is a consequence of having limited tenant rights in a property guardian agreement?
What is a consequence of having limited tenant rights in a property guardian agreement?
- Having exclusive ownership of the property
- Being able to stay in the property for an unlimited time
- Having to share the property with two or more people (correct)
- Being responsible for the maintenance of the property
What is a characteristic of a property guardian agreement introduced in the Netherlands in the 1990s?
What is a characteristic of a property guardian agreement introduced in the Netherlands in the 1990s?
- It provides exclusive ownership to the tenant
- The landowner is responsible for maintenance
- It does not involve the responsibility of maintenance (correct)
- It involves a long-term lease
What is the typical duration of stay for a property guardian?
What is the typical duration of stay for a property guardian?
- Longer than 28 days
- Around 1 year
- Around 5 years
- Shorter than 28 days (correct)
Who is responsible for fixing any issues in a property under a property guardian agreement?
Who is responsible for fixing any issues in a property under a property guardian agreement?
What is the purpose of a property guardian agreement?
What is the purpose of a property guardian agreement?
What is a key advantage of a property guardian agreement for the landowner?
What is a key advantage of a property guardian agreement for the landowner?
What is a characteristic of tenants in a property guardian agreement?
What is a characteristic of tenants in a property guardian agreement?
What is a limitation of a property guardian agreement for tenants?
What is a limitation of a property guardian agreement for tenants?
In which country was the concept of property guardian agreements first introduced?
In which country was the concept of property guardian agreements first introduced?
What type of agreement is typically used in a property guardian arrangement?
What type of agreement is typically used in a property guardian arrangement?
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Study Notes
Disadvantages of Property Guardianship
- Limited tenant rights, including short time period of stay and short notice of departure (less than 28 days)
- No exclusive ownership, meaning tenants have to share the property with two or more people
- Tenants are brought in by an agency and form a relationship with the landlord for a short stay to safeguard the property
Property Guardianship
- First introduced in the Netherlands in the 1990s
- Property guardian is responsible for maintenance, not the landlord
- Licence agreement is in place, and the person granted the licence is responsible for fixing any issues
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