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THIS TENANCY AGREEMENT (the "Agreement") dated this ________ day of ________________, ________
(individually the “Party” and collectively the “Parties”)
BACKGROUND:
IN CONSIDERATION OF the Landlord letting certain premises to the Tenant and other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, the Parties agree as follows:
The contact information for the Landlord is:
IN WITNESS WHEREOF _________________________ and _________________________ have duly affixed their signatures on this ________ day of ________________, ________.
_______________________Witness:_______________________Address_______________________Occupation
________________________________________________
A Tenancy Agreement is also known as:
A Tenancy Agreement is a legal contract that defines the terms and obligations between a landlord and the tenant(s) letting a residential property from them. Tenancy agreements are commonly used when signing up a new tenant for a flat, but they can also be used for letting out rooms, house shares, or mobile homes.
The length of a Tenancy Agreement may be based on a fixed period that ends on a specific date, or it may run on a repeating cycle such as weekly or monthly.
A Tenancy Agreement sets out the expectations and requirements of the landlord and tenant so that each of them clearly understands the conditions of the tenancy. For example, having a formal tenancy agreement lets the tenant know what is permitted in the living space, including rules regarding the following items:
At the same time, the Tenancy Agreement can also be used to outline the following responsibilities for the landlord:
A Tenancy Agreement typically contains the following items:
A Tenancy Agreement can also contain an option for the tenant to purchase the rental property at the end of the lease period.
You should create a Tenancy Agreement anytime you let a living space to a tenant. This could be a room or set of rooms in your home, or it could be a flat in a building you own and/or manage.
You can also use a Tenancy Agreement if you own a vacation property and decide to let it out for people to use while they are on holiday.
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