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England and Wales These agreements start with a fixed term, the average being 12 months, although it can go up to three or even seven years. The AST is hard to end before the fixed term is through, so when people discuss tenancy length, they usually mean fixed term length.
A fixed term agreement has a definitive start and end date while a periodic tenancy is known typically as a 'month-to-month' arrangement and does not have an end date. There are pros and cons for both a fixed term and a periodic agreement that you should consider as they may affect you as the landlord.
Your rental agreement will include: the landlord's and tenant's names, addresses and contact information. the length of time you agree to stay in the rental unit. the monthly rent amount. the date you must pay rent. the services covered by the monthly payment, such as electricity or parking. any separate charges.
The tenancy agreement should be signed by all tenants and your landlord. If there are joint tenants, each tenant should receive a copy of the agreement.
Tenancy is a kind of ownership over the property. A tenant is someone who is permitted to occupy the property of another person, by signing a lease or rental agreement. The rental agreement empowers the tenant in some ways but also restricts them from taking overall legal ownership of the property.
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Who has to sign the tenancy agreement? Anyone staying at the property who is over 18 years of age must be named on the agreement and must sign the agreement. The legal owner of the property or their official appointed representative (known as the landlord) must sign the agreement as well.
These tenancies usually begin as fixed term tenancies where the duration is defined from the outset, typically anywhere between 6 months to three years (but can be up to seven years) as mutually agreed between the landlord and tenant.
The 18-24 months average is a blunt measure: many tenants move on after a year and we have live tenancies over 20 years old. We are proud when people stay for longer as it means our property management teams are doing a good job.
A tenancy agreement should include: the names of all people involved. the rental price and how it's paid.
This term refers to the maximum amount of people who will be living in the property, with the property being their main residence. This covers people who you may not usually include on a tenancy agreement, such as children.

form 18a general tenancy agreement