What Is a Tenancy Agreement?
This an agreement between a landlord and a tenant that outlines the rights and obligations of each party with regards to the leased property.
Essential elements of a Tenancy Agreement
- Period of the lease
- Names and details of the leasee.
- Rent and deposit terms
- Repairs and maintenance terms
- Termination of the agreement
- Rights of landlord to enter the property.
- Dispute resolution
- Subletting terms