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The Property Information Questionnaire (PIQ) is a document completed by the seller of property in the United Kingdom containing details of utilities and services to the property, access arrangements, council tax bands, changes to the property parking arrangements, damage to the property and leasehold information.
Letting Agent Building in Crewe. A letting agent is a facilitator through which an agreement is made between a landlord and tenant to rent a residential property. [1] This is commonly used in countries using British English, including countries of the Commonwealth.
Typically, the real estate agent has the experience and data to determine a suitable listing price for the seller's property and will recommend a listing price to the seller. The seller can accept, reject, or try to negotiate a different listing price for the contract.
Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.
UB40 (a reggae group from Birmingham, whose first album was released in 1980 [6]) was named after the form issued by the DHSS to those claiming unemployment benefit, the full name of which was Unemployment Benefit form 40. [7] British group Wham! mention the "DHSS" in their song "Wham Rap! (Enjoy What You Do)". [8]
The term "agent" is not to be confused with salesperson or broker. An agent is simply a licensee that has entered into an agency relationship with a client. A broker can also be an agent for a client. It is commonly the firm that has the actual legal relationship with the client through one of their sales staff, be they salespersons or brokers.
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