The law already has provisions on tenancy agreements. All the details in any tenancy agreement are subject to law and must meet all its requirements. It is important to make sure all the details in the tenancy agreement are understood by both parties before signing. Tenants and landlords should look out for bogus agreements. That is, agreements that give less rights to the landlord or tenant than the law has provided for.
A tenancy agreement should have in it the following details:
- The names of everyone involved in the agreement: the landlord, the tenant, and letting agents if any.
- The address of the property in question.
- The start and end date of the tenancy agreement.
- The rental price for the property and the attached payment plan; monthly or weekly.
- Details on when and how reviews will be done on the rent.
- It should be stated if a tenancy deposit is required. If it is, how much and the details on how it will be protected should be included as well.
- All details on the circumstances in which the tenancy deposit could be withheld or deducted from; repairs on damages done by the tenant, owed rent and such.
- Details on the obligations of the landlord and the tenant, repairs other than what the landlord is responsible for, maintenance of the property and fixtures, and other activities that will keep the property in shape.
- What bills the landlord will be responsible for and what bills the tenant will be responsible for.
- Whether the tenancy could be ended prematurely by both parties, and the process attached to it.
- Whether the tenant is allowed to sublet the property or have lodgers with or without the consent of the landlord.
- Whether pets are allowed on the property.
In addition to the above details, if a tenant has a weekly tenancy, the landlord is required by law to provide a rent book or something similar.
If the tenant is dealing with letting agents and wishes to know the name of the landlord, a written application can be made to the receiver of the rent, requesting to know the name and address of the landlord. The letting agents are required by law to provide the information requested within 21 days or they are committing an offence.