A tenancy agreement is a contract between a tenant and a landlord.
It sets out the legal terms and conditions of tenancy. It can be written down or oral (ie a spoken agreement).
A tenancy can either be:
- fixed-term (running for a set period of time)
- periodic (running on a week-by-week or month-by-month basis)
A 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
- details of when the deposit can be fully or partly withheld (eg to repair damage you’ve caused)
- the property address
- the start and end date of the tenancy
- any tenant or landlord obligations
- an outline of bills you’re responsible for
It can also include information on:
- whether the tenancy can be ended early and how this can be done
- who’s responsible for minor repairs (other than those that the landlord is legally responsible for)
- whether the property can be let to someone else (sublet) or have lodgers.