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Simple Tenancy Agreement Sample In Word

Enter the names of the landlord and tenants (if there are two or more tenants, insert the names of each tenant) and have each person signed and date the contract. This proposed lease provides for a one-year term, which is the most frequent, but the duration may be longer or shorter, as agreed by the parties. In the first raw material, enter the date on which the rental date begins. This is the date on which the tenant can take possession and start occupying the premises and the date on which the rent begins. Ideally, the duration starts on the first day of a calendar month (this approach facilitates accounting and registration), but should not. In the second raw material, enter the date on which the term of the lease expires. For one year, it is the eve of the anniversary of the launch date, z.B. from February 1, 2017 and ends on January 31, 2018. In addition to the rules set out in this section, the lessor can provide the tenant with a more detailed list of regulations and regulations. In this case, the lessor must provide the tenant with a copy of the rules and regulations before the parties sign the tenancy agreement.

Enter the amount of the deposit in the first drafts. Often this amount is equal to one month`s rent, but the parties can decide to agree on any amount. In the second raw coin, enter the part (if it exists) of the deposit that is not refunded at the end of the life. For example, the landlord might have a policy to have the carpets professionally cleaned according to each tenant, and in this case, the landlord could indicate that $200 of the deposit will not be refunded. Of course, the lessor has the right to use the entire deposit, if necessary, against unpaid rent or the cost of repairing damage to the premises by the tenant, as explained in more detail in this section of the contract. The lease was signed by Vertex42.com and real estate lawyer Dean Smith of Utah. We tried to make the model as simple as possible and provided below some instructions on how to use the model. However, you should have the agreement verified by a lawyer before giving it to each tenant for signature. A rental agreement is extremely important for any owner who wishes to rent his property.