Whether you are currently a landlord or aspiring to be, there are all sorts of items on any landlords list to complete. With a priority being having the correct tenancy agreement.
Simply, a tenancy agreement is a contract between the landlord and tenant. The contract compiles a list of rights that each party has within the agreement. For example, the landlord has the right to receive payment of rent from the tenant. It will set out any legal terms and conditions for both parties and the rules both must follow.
A tenancy can either be written down or be a spoken agreement.
Any tenancy agreement can be covered over both a fixed-term tenancy or a periodic tenancy.
If you are either a landlord or tenant, you will have rights and responsibilities even if you don’t have an agreement. To gain more understanding on this, there are tools and tips on the Gov.UK website.
Different aspects are added within all agreements that need to be covered to fulfil the Government’s standards. These cover the following:
As previously mentioned, there are also different rights and responsibilities for both parties.
Within an agreement, there are different rules and responsibilities that have to be followed. However, each tenant has certain rights that will be written into the contract.
Tenants have the right to:
As a tenant however, there are responsibilities to follow to make sure the property is well looked after. A landlord will give over twenty-four hours’ notice period before visiting the rental property. However, landlords have the right to access the property at any time to carry out repairs. Although, they aren’t able to access the property unless its a reasonable time unless it is an emergency.
Tenants must also look after the following:
When renting a property, landlords naturally create responsibilities for themselves regarding their property.
If you are a landlord, there are certain safety aspects that need to be covered within your property. Overall, the main thing to note is that your property is safe from any hazards.
If you are considering building your own agreement, it is worth using two tools:
The Government website will help with making sure as a landlord everything crucial is included.
The Simply Business website is partnered with Clarks Legal and allows you to freely download a template. Once downloaded, you can change it as you see fit.
I started writing for PPO back in August 2019. I particularly enjoy writing about new housing developments and upcoming property events.
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