What is a tenancy agreement?
- A tenancy agreement is a legal document between the Landlord and Tenant for the rental of a property and initially is for a fixed term, usually 6 months - such an agreement is what is known as an "Assured Short-hold Tenancy".
Who should be on the tenancy agreement?
- The tenancy agreement should be in the names of all tenants residing in the property over the age of 18.
What happens at the end of the tenancy agreement?
- At the end of a tenancy agreement, there are usually 3 options:
a) The tenancy is extended for another fixed period (6 or 12 months)
b) The tenancy reverts to a Periodical Tenancy Agreement, which is a month by month agreement
c) Either the Tenant or Landlord decide to terminate the agreement
What notice do I need to give to end the tenancy agreement?
- To terminate a tenancy agreement, the Tenant must give a minimum of one months notice, but not to terminate during the fixed term period.
What if I need to leave before the end of the tenancy?
- This is usually by negotiation with the Landlord and if there is agreement, then the Tenant would usually be expected to pay any costs that the Landlord would incur in finding a new tenant and the Tenant would be responsible for all rent payments up to the time when the new tenant moves into the property.
What if the Landlord wants to terminate the tenancy agreement?
- The Landlord can not terminate the tenancy early under normal conduct from the Tenant. However, should the tenant not pay the rent or is in breech of the tenancy agreement, then the Landlord may follow the appropriate action and issue a notice via the Courts to terminate the tenancy agreement.
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