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Insert Alternative Choice into the Tenant Lease Agreement

Insert Alternative Choice into the Tenant Lease Agreement and eSign it in minutes

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do you bring an AST to the end?

A tenant can end a periodic tenancy by giving valid notice to quit. A notice to quit must be in writing. The notice period must be at least four weeks, or equivalent to the period of the tenancy if this is longer.

What is periodic tenancy after AST?

A periodic tenancy is the legal name for a rolling tenancy with no fixed end date. An assured shorthold tenancy becomes periodic when a fixed term ends, unless you agree to another fixed term.

Can you reject an option to renew?

It is common for leases to say that if at the time the tenants notice of exercise of option is served the tenant is in bdocHub of the lease, the landlord may refuse the further term.

How do you end a fixed term tenancy?

How to end a fixed term tenancy early Speak to other joint tenants. Use a break clause. Negotiate with your landlord. Unwind a contract because of misleading information. Options if you cannot get out of your contract.

What are the terms used in lease agreement?

Contents of a lease agreement Amount of rent and due dates, grace period, late charges. Mode of rent payment. Methods to terminate the agreement prior to the expiration date and charges if any. Amount of security deposit and the account where it is held.

What is the maximum length of an AST?

Assured Shorthold Tenancies will typically be for between 6 months to 3 years. There is no maximum length of an AST, however, tenancy agreements that are longer than 3 years have to take the form of a Deed.

What happens when an AST expires?

Assured Shorthold Tenancies will either be subject to a fixed term, or they will be periodic. If there is no fixed term or the term has expired, then the tenancy is automatically periodic. This means that the tenancy will automatically renew itself in common law. The tenancy will renew on the day rent is due.

What is meant by renewal option?

A renewal option is a clause in a financial agreement that outlines the terms for renewing or extending an original agreement. The renewal option appears as a covenant in the original agreement and provides specifications under which the entities can renew or extend the original terms for an additional, specified time.

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