How to make tenancy agreementRental Agreement • August 16th, 2021
Contract Type FiledAugust 16th, 2021Whether you’re a first-time tenant or you’ve been renting for a while, and you’re searching for a new property, it’s important to sign a rental agreement and to understand the terms of your contract.A contract should protect both parties and provide you with all the information you need to understand your responsibilities either as a landlord or a tenant. If you’re thinking of renting out your property, or you’re a tenant, and the current owner doesn’t already have an agreement drawn up, it’s possible to create your own rental contract. Here’s a simple guide to help you design and implement a basic rental agreement.What is a Rental Agreement?A rental agreement is a document, which outlines the responsibilities of a tenant and the owner of the property they are leasing.This document cements the relationship between the tenant and the owner and provides a firm grounding for a successful tenancy. The aim is to make obligations clear to prevent confusion, and ensure that both parties are f