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CAN LLP COLLECT RENT FOR JOINT OWNERS


22-Dec-2025 (In Landlord/Tenant Law)
PROPERTY IS OWNED BY 4 JOINT OWNERS. THESE 4 OWNERS HAVE FORMED AN LLP AND THEY WANT THE LLP TO COLLECT RENT ON THEIR (4 JOINT OWNER'S BEHALF). HOW TO DO THIS.
Answers (1)

Answer #1
702 votes
Good afternoon Mr/Mss As per your quiry Yes, it can be done, but the LLP cannot automatically collect rent unless proper authority is created. Follow one of the legally accepted routes below Option 1: Authorisation / Power of Attorney (Most Practical) All 4 joint owners execute a written Authorisation / Special Power of Attorney in favour of the LLP. The document should clearly empower the LLP to: Lease / manage the property Collect rent on behalf of all 4 owners Issue rent receipts Deposit rent into LLP bank account Register or notarise the POA (recommended for evidentiary value). Lease deed should mention: “Rent shall be paid to XYZ LLP, being the authorised agent of the lessors.”
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