Basic Tenancy Agreement Example

When it comes to renting out a property, a tenancy agreement is an essential document that outlines the terms and conditions of the rental agreement between the landlord and the tenant. A tenancy agreement is a legal document that protects both parties and helps to prevent misunderstandings and disputes.

If you are a landlord, it is important to have a basic tenancy agreement in place to ensure that your tenants understand their responsibilities. Below is an example of a basic tenancy agreement that you can use as a template for your rental agreement.

Tenancy Agreement

This agreement is made on [DATE] between [LANDLORD NAME] (hereinafter referred to as the „Landlord”) and [TENANT NAME] (hereinafter referred to as the „Tenant”).

1. Terms of the Tenancy

The Landlord agrees to rent the property located at [ADDRESS], to the Tenant for a term of [LENGTH OF LEASE] commencing on [START DATE] and ending on [END DATE].

2. Rent

The Tenant agrees to pay rent in the amount of [RENT AMOUNT] per month, due on the [DUE DATE] of each month. Rent payments can be made by [PAYMENT METHOD].

3. Security Deposit

The Tenant will provide a security deposit of [DEPOSIT AMOUNT] to the Landlord as security for any damage to the property. The security deposit will be refunded to the Tenant within [LENGTH OF TIME] after the end of the tenancy, provided that the property is returned to the Landlord in good condition.

4. Use of Property

The Tenant agrees to use the property only for residential purposes and to comply with all laws and regulations. The Tenant will not engage in any illegal or immoral activities on the property.

5. Maintenance and Repairs

The Tenant agrees to keep the property in a clean and tidy condition and to promptly report any maintenance or repair issues to the Landlord. The Landlord agrees to make any necessary repairs in a timely manner.

6. Termination

Either party may terminate this agreement by providing [NOTICE PERIOD] of written notice to the other party. The Tenant agrees to vacate the property at the end of the lease term.

7. Governing Law

This agreement is governed by the laws of [STATE/COUNTRY] and any disputes arising from this agreement will be resolved in accordance with those laws.

Signed:

[LANDLORD NAME] ______________________________

[TENANT NAME] ______________________________

This basic tenancy agreement example covers the essential terms of the rental agreement and can be customized to fit the specific needs of your rental property. It is always advisable to consult with a legal professional before finalizing any rental agreement.