Law & Legal & Attorney Real estate & property Law

The Main Contents of Tenancy Agreements

Before allowing some tenant to occupy your property, it is quite important to sign a proper tenancy agreement, as it sets out the limitations of tenants' rights as well as their obligations.
Apart from limitations and obligations, terms, payments, rent amounts, deposits, payment methods, rights, notices, guarantor clauses, signature, and witnesses are included in a tenancy agreement.
Let us find out the details and in this agreement.
When it comes to the parties of this agreement, tenants and the landlord are the ones who need to be present, but in some agreements, a guarantor, who offers a guarantee to pay rent if tenants fail to do so, is also included in this agreement.
Starting and finishing date of the agreement is mentioned in the terms, while the rent amount and its installments are mentioned in Rent Amount & Payments section.
For clarity, this amount is mentioned in figures as well as in words.
The included payment method in this agreement is specified by the landlord.
For tenant's obligations, usually a long and comprehensive list is often imposed on the tenants.
However, most of the time, payment of rent, utility bills, TV license, banning of some alteration, property condition, leaving property in a clean state and property inspection are some of the issues that are mentioned in the main clauses of the tenancy agreements.
Under these obligations, the tenant is bound to pay rent on time.
Even if a third party pays the rent on the tenants' behalf, it is accepted as a payment made by the tenant, but at the same time, no third party is allowed to get any rights as tenants.
The tenant is also bound to pay utility bills during tenancy term, and the cost of any reconnection is also included in it.
The tenant is also bound to pay the council tax and water cost, under this agreement.
Similarly, the tenancy agreement binds tenants not to make any alterations or additions in the property without a written consent of the landlord.
It also allows the landlord and their agents to enter and inspect their property after giving a prior notice for some reasonable hour.
The Tenants are also not allowed to keep any pets or other animals without a written permission of the landlord.
Apart from the above-mentioned obligations, there are many other obligations and limitations, which are often imposed on the tenant through a tenancy agreement, and it is expected that the tenant will abide by all the included clauses in this agreement.
If a tenant does not want to include any clause that he thinks can become difficult for him to follow, he can discuss it with the landlord and can tell him about the issues, which are preventing him from accepting that particular clause.
Tenancy Agreements often prove quite effective for landlords as well as for the tenants, as under such agreements, they both can realise their rights and obligations.
SHARE
RELATED POSTS on "Law & Legal & Attorney"

Leave Your Reply

*