Tenancy Agreement Template Lodger
When looking for a lodger to share your home with, it`s important to have a tenancy agreement in place. This protects both you and your lodger by setting out the terms of the arrangement. In this article, we`ll provide you with a guide to a tenancy agreement template for lodgers.
1. Introduce the Parties Involved
Start the agreement by introducing the parties involved, including the landlord and the lodger. You should include both parties` full names and addresses.
2. Property Details
Next, include details about the property, such as its address, the type of property and any specific details that are relevant to the agreement, such as furnishings.
3. Term of the Agreement
Outline the term of the agreement, including the start and end dates. You should also include details about how the agreement can be renewed or extended.
4. Rent and Payment Details
Provide details about the rent amount and how it is to be paid. This should include the payment frequency, the payment method and any late payment fees.
Outline the amount of the deposit and how it will be held. You should also include details about when the deposit will be returned and any circumstances where it may be forfeited.
6. Property Maintenance
Include details about the lodger`s responsibilities for maintaining the property. This should include information about any cleaning or maintenance tasks that the lodger is responsible for.
7. Guest Policy
Outline the policy for guests staying in the property. This should include any restrictions on the number of guests or the length of their stay.
Provide details about which utilities the lodger is responsible for paying, such as water, gas and electricity. You should also include details about how the costs will be split if there are multiple lodgers in the property.
Include details about how the agreement can be terminated by either party and any notice periods that need to be given.
Both the landlord and the lodger should sign the tenancy agreement, along with the date. This confirms that both parties have read and agreed to the terms outlined in the agreement.
In conclusion, a tenancy agreement template for lodgers should include details about the property, rent and payment details, deposit, property maintenance, guest policy, utilities, termination and signatures. By having a tenancy agreement in place, you can protect both yourself and your lodger and ensure a smooth and stress-free living arrangement.