Terms to include in a Tenancy agreement

 A contract between a tenant and a landlord is called a tenancy agreement. It lets the person (renter) to live in a property for as long as he/she pays the rent and follow the rules. Tenancy agreement is a set of legal terms and conditions. If you have a tenancy agreement, it should include:

·         the names of all people (tenant, landlord and third party) involved

·         the rental price and method of its paid

·         information on how and when the rent will be reviewed

·         the deposit amount and how it will be protected

·         when the deposit can be fully or partly withheld (eg to repair damage you’ve caused)

·         the property address

·         the start and end date of the tenancy

·         any tenant or landlord obligations

·         which bills you’re responsible for

·         It can also include information on:

·         whether the tenancy can be ended early and how this can be done

·         who’s responsible for minor repairs

·         whether the property can be let to someone else (sublet) or have lodgers

The terms of the tenancy must be flexible and obey the law.