How many ASTs?
Tax Planning and Financial

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3 Posts
18 years ago
Good day, newish to renting out property and new RLA member.
If three people rent our house collectively and pay with one payment via a single bank account can we issue one AST that they all sign or do we need 3?
Background, sometimes one leaves and they go find another to fill the space.
It makes us think we need words that say they are "equally &sevrally" (is that right) liable so if two jump ship we can clobber the remaining person for everything.
Hope we have not dug oursleves a hole!
Cheers Steve

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