Assured periodic tenancy agreement (and Guarantee)
Private landlords in England can use this to create an agreement for a new assured periodic tenancy for a property being rented by up to 4 tenants. It also includes an optional guarantee agreement for up to 4 individual (joint) guarantors.
The tenancy agreement complies with the Renters' Rights Act and includes the information that landlords must give to tenants before a new tenancy.
It can be used by a single landlord operating as an individual or business entity, or by up to 4 individual (joint) landlords.
The tenancy agreement covers a wide range of issues, including:
- How the tenant should use, care for, maintain and secure the property (including what they must not do while occupying the property)
- A detailed pet clause setting out the process of requesting a pet and the conditions that apply to keeping it
- What the tenant must do when the tenancy ends, including what happens to any property they leave behind
- The landlord's rights and obligations
- The tenant's right to give notice to end the tenancy
- The landlord's right to take possession of the property (listing some of the grounds)
- How deposits are protected and details of the chosen tenancy deposit protection scheme
- What happens if the property is destroyed or becomes uninhabitable, or if the tenant dies.
This agreement is not suitable for creating a tenancy if:
- You're not a private landlord (such as being a charity or social housing landlord)
- You're letting land
- The property is a short-term or holiday let
- The tenancy is part of an employment arrangement, or you're also living in the let property
- The total rent payable is £100,000 (or more) per year
- Some or all bills relating the property (e.g. gas, electricity, water etc) are included in the rent, or are paid by you and then recovered from the tenant.
Note also that you'll be breaking the law if you grant a new tenancy for a property that has an energy performance certificate rating of below E.
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