A tenancy contract is a legal document which is signed between two or more parties wherein the party referred to as the tenant is renting a certain property or object from the owner of that respective property or object. The sample contract provided below is freely available to be used by anyone in need of framing a similar contract; hence it is referred to as free tenancy contract.
Sample Free Tenancy Contract
Date of signing the contract: 10th May, 2012
The contract is being prepared by and is being entered between Mr. Mason Graford, the owner of the property and Ms. Alison Riley, the tenant renting the same property as on the above mentioned date.
As per the contract Ms. Riley is being rented the respective property for a period of 2 years from the date 10th May, 2012.
Details of the owner:
Name: Mr. Mason Graford
Contact No.: 674-084-565
Correspondence Address: 64th, Victoria Lane, Main Square, New Jersey, USA.
Details of the tenant:
Name: Ms. Alison Riley
Contact No.: 789-807-336
Correspondence Address: 3746, Hailey Apartments, New Jersey, USA.
Details of the Property:
Location: 232, 5th Block, St. James Street, Main Square, New Jersey, USA.
Property Type: Commercial
Terms of the contract:
- The contract is a legally binding document, thus violations are punishable by law.
- 2. The amount of rent is fixed and may be revised not before the contract expires.
- 3. The rent payment must be paid not later than 14th of every month.
- 4. The contract does not transfer the ownership of the property.
_____________________ (Mr. Mason Graford)
_____________________ (Ms. Alison Riley)