Advantages Of Having The Tenancy Agreement Provided Between The Tenant And The Landlord
When you want the process of you renting a property that you own, it is good that you consider having a written rental agreement that is legal . A tenancy agreement should be law binding document which will give the tenant the right to live in the rental house, and it gives the one lending the property the right to receive rent . A good tenancy agreement is one that does not violate the laws and its one that is up to date updated.
When you give your tenants the professional tenancy agreement, it is an indication to them that you mind the property and them and that you are taking the role as the owner very seriously . When you issue your tenants with the contract, it gives you the opportunity to set some clear boundaries with them of what they can do when living in the property and what they should avoid doing .
When you have the agreement it can make it clear of what you expect the tenants to do and what they should expect you to do, this will make both of you feel at ease hence reducing the chances of disagreements or disputes .
In the tenant agreement you should state that in case of any damage happening in the house the landlord should be the one to handle them . It is important when signing the agreement that you make sure everyone gets a copy o9f the contract which has been signed by the two parties. When you are writing the document you should make sure that it is up to date and its legally binding, it is wise that you run the document through an experienced agent or property lawyer so ensure it ticks all the boxes .
If you do not want to make your tenant agreement, you can get one from the letting agents or a rental firm which can give you a sample or template agreement . Tenancy agreement is important to both landlords and tenants, helping to reduce any risks that might occur . When you come to an agreement, it is not possible for the landlord to make any changes in the agreement in between the time before the agreement has expired. The rental contract acts as an act of protection to the tenants since the landlords cannot do anything without first consulting the tenant as discussed in this article.