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The tenancy agreement should include: the names of all people involved. the rental price and how it's 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, for example to repair damage caused by tenants.
You can make your own tenancy agreement but you need to make sure that it is up-to-date with the law and in particular does not contain illegal clauses. The Tenant Fees Act 2019 made certain tenancy payments illegal such as cleaning fees.
Glossary of Lease Agreement Terms Landlord (lessor): A landlord is a person who owns land, houses, or apartments and rents or leases them to tenants. Tenant (lessee): A tenant is a person who rents land or property from a landlord.
A written lease agreement must contain: The names and addresses of both parties; The description of the property; The rental amount and reasonable escalation; The frequency of rental payments, i.e. monthly; The amount of the deposit; The lease period; The notice period for termination of contract;
A lease agreement is entered into when one person (\u201clandlord\u201d) gives use and enjoyment of his/her property to another person (\u201ctenant\u201d) for a specific period of time in return for the payment of rent.
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People also ask

A rental agreement is short-term and the terms can be changed by either party, usually at the end of a 30-day period. Whereas a rental lease is a long-term agreement, with agreed terms and conditions that cannot be changed until the end of the lease, unless there is written agreement from both parties.

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