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Do you know the merits provided by a tenancy agreement?

By Randall Subscribe to RSS | February 25th 2012 | Views:
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The tenancy agreement is a legal document that binds both the landlord and the tenant. It will feature all the responsibilities of both parties and it is a way of protecting them in the event that the other party does something wrong. Unfortunately, most people had no way of understanding what was written in the tenancy agreement and only an experienced lawyer had the possibility to read them and see what is covered and what is not. This changed and nowadays the agreements are written in formal English that utilizes plain terms.

One of the merits that you might not even consider is the language that is utilized. Nowadays a tenancy agreement will include words like WE and YOU and it is friendlier than in the past. Landlords can no longer use legal jargon because it is prohibited and a proper tenancy agreement includes only short and simple sentences that anyone can understand. If there a legal word that is used, it is accompanied by an explanation that shows exactly what is meant. To put it simple, a tenancy agreement is easy to understand by everyone involved in the process and this stands out as the most important advantage that you have to consider.

A good tenancy agreement will show exactly how a property can be utilized and thanks to the inclusion of a much simpler phrasing, everyone involved knows exactly how to behave and what is supposed to be done. There is no longer room for interpretation and misunderstandings. This is especially important for all tenants that are not native English speakers. They can no longer be taken advantage of through a faulty tenancy agreement.

It goes without saying that a tenancy agreement will include all the obligations that have to be respected by both parties. The tenant will understand exactly what he is entitled to receive and what he is obligated to offer. The rent amount is included and there is also the possibility to add specific payment methods that are agreed by both parties. In addition, another advantage stands in the fact that the landlord cannot alter the tenancy agreement without being allowed to do so by the tenant for the duration of the contract. Also, if the tenant wants to simply leave, he will forfeit the deposit and can even be accountable for the obligations that he did not respect.

The landlord is also protected through a good tenancy agreement. If the tenant does not respect what he agreed, the owner can easily evict him. In the past it was really hard to do so because the contracts were not good. To put it really simple, the advantages that have to be understood are basically linked to precisely showing the responsibilities of both parties. If you do not know what you have to do, it is possible to ask for professional help by contacting a lawyer. He will take a look at the document and then tell you if there are any problems that need to be taken care of.

Randall - About Author:
Knowing how a tenancy agreement such as the assured shorthold tenancy agreement can help you is really essential. This actually provides you the security you need, either as a landlord or the tenant.

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