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Replace Circle to the Standard Residential Lease Agreement

Replace Circle to the Standard Residential Lease Agreement

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 I change my lease agreement?

How Do I Change A Lease Agreement? Changes to a lease are actioned through a document called a Deed of Variation. It means that the landlord and leaseholder have both agreed to the amendment of a previously completed lease.

What is a replacement tenancy agreement?

When a Tenancy Agreement has been signed, the Outgoing Tenant will remain liable for their rent and utility bills until a Replacement Tenant signs to legally take over in the tenancy. It is the responsibility of all Tenants to source a replacement and all remaining tenants must be happy with the new Tenant.

Can landlord just change tenancy agreement?

A tenancy agreement can normally only be changed if both you and your landlord agree. If you both agree, the change should be recorded in writing, either by drawing up a new written document setting out the terms of the tenancy or by amending the existing written tenancy agreement.

Do I have to find a replacement tenant?

However, most landlords will ask you to find a suitable replacement before ending the tenancy. Its important to remember that no landlord is legally required to end your tenancy agreement early. Even if there are extenuating circumstances and youve found a replacement tenant, the landlord can still refuse.

Can you make changes to a leasehold property?

As a leaseholder there may be restrictions on how and what you can change or alter your leasehold property. If you wish to make docHub internal changes to the property, add an extension, or change its use (from residential to commercial), you will have to apply to the freeholder (or landlord) for permission.

How much does it cost to amend a lease?

The cost for a licensed solicitor to Amend a Lease is dependent on many factors including the complexity and specific requirements of the case. On average it is expected to range from 400-600 but in some cases it could cost as much as 1,000.

What is a suitable replacement tenant?

2) A suitable replacement tenant is a person/s who the landlord has deemed to be acceptable after an application process has been completed. This can involve obtaining references, credit checks and a suitable guarantor.

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