Who should be named on a tenancy agreement?
Table of Contents
Who should be named on a tenancy agreement?
Tenants. You should ideally include all adults living in the property on the tenancy agreement. If their name is not on the tenancy agreement then you cannot sue them for rent if they don’t pay, and their status will be that of guest or lodger of the tenant. People often ask about adult children.
Does a landlord have to renew a tenancy agreement?
Firstly there is no obligation on a Landlord to renew a Tenancy agreement. This is because the tenant has automatically gained security of tenure for at the end of the initial rental period, say 6 months, from then on the Tenancy becomes a periodic tenancy.
What happens when your name is not on the lease?
On a more negative note, not having your name on the lease could turn into a bad situation quickly. Without a lease, the landlord would be free to increase rent at the end of every 30 days. Also, by not signing a lease, security of remaining and stability within the rental are not available to the renter.
What are the rules of a tenancy agreement?
All tenancy agreements should state the parties involved, the rental price, any deposit retained by the landlord, the property address, the start and end date of the tenancy, and the obligations of the tenant and the landlord. It is important that both parties are fully aware of what is included in the agreement.
What if my tenancy agreement has expired?
Fortunately, it’s perfectly legal and valid for a tenancy agreement to continue even after the fixed dates have expired. There’s no legal requirement to renew the contracts. When a Tenancy Agreement expires and is not renewed with a new contract, the tenancy rolls into a Periodic Tenancy.
What voids a tenancy agreement UK?
Failure to pay the rent on time and in full. Allowing more than the stated maximum number of occupants to live in the property. Sub-letting a room or the entire property without the landlord’s permission. Decorating or conducting building works at the property without the landlord’s permission.
Is a tenancy agreement legally binding?
A tenancy agreement is just like any other contract, so as soon as both the tenants and landlord have signed the agreement, it becomes a legally binding contract. The contract will usually specify the move in date for the tenants and the date when the first rental payment is due.