A tenancy agreement is a kind of an agreement which is formed between a property owner and a tenant of the property to discuss the tenancy related details in a written and legally binding manner.
Most tenancy agreements are formed for longer durations of time such as 3 years, 5 years, 10 years and so on but in certain cases, the tenancy may be effective only for a short duration of time and hence they are known as short term tenancy agreement contracts. Short term tenancy agreements work like any regular tenancy contracts and are also legally enforceable in nature.
Short term tenancy agreement contracts must give the details of the tenant as well as the landlord including their contact numbers, names and addresses. These contracts should also consist of the details of the property which has been leased such as its location, description and size etc. But the most important part of such a contract is the terms and conditions section.
These terms and conditions must describe how the parties are expected to conduct and what their roles will be during the effective period of the tenancy. The contract must also mention the commencement and termination date of the contract.
Sample Short Term Tenancy Agreement Contract:
A residential tenancy agreement contract is a contract or a legally formed document which is framed in the situation when a person or party who owns a residential property rents the property to another person to party, who is known as the tenant in this case. The contract consists of certain legally binding terms and conditions which cannot be violated by any of the involved parties. Given below is one sample of a residential tenancy agreement contract that can be used for reference.
Sample Residential Tenancy Agreement Contract
This is a residential tenancy agreement contract which is formed by and between the LANDLORD of the property and the TENANT of the property.
This contract has been brought into affect as on 1st August 2013 and shall remain into effect till its termination date of 12th August 2014.
The following are the details of the parties which are involved in this contract:
Name: Mr. Peter Black
Address: S/34, second floor, Martin square, London
Mobile phone number: 4742097054
Name: Mr. Robert Kelly
Address: Q/67, first floor, Jackson enclave, London
Phone number: 474027402
Address: A/67-west, Potter building, T tower, London
Type: residential 2BHK apartment
Rent per month: $1000
Terms and Conditions:
- The LANDLORD agrees to rent the property to the TENANT for a period of 12 months.
- The TENANT must pay the rent every month within the first week of the month.
- The TENANT shall be responsible for the repair and maintenance of any damages made by him in the apartment.
- The LANDLORD shall be providing free electricity, water supply and internet connection to the TENANT.
- The TENANT will be liable to pay an extra fee of $100 in case of late rental payment.
In agreement to the above given terms and conditions, both the parties provide their signature below:
Tenancy contracts are those contracts which are made when a party agrees to rent or lease a product or place to another party in return for a certain charge. Such contracts are legally binding which means that if any of the parties involved violates the terms of the contract, then it can be held chargeable under law of the state.
Tenancy contracts are written in such a way that the overall tone should come out as a formal one. There are certain specific terms like ‘TENANT’ and ‘OWNER’ which must be used in these types of contracts. The following few points might help you to frame a good tenancy contract:
- The first few lines must be reserved for the personal information of the tenant and the owner.
- The effective date of contract and the duration of the contract must be mentioned clearly.
- The type of tenancy contract and the address of the property, in case of rental contract should be mentioned specifically giving the details.
- The terms and conditions of the tenancy contract must take up most part of the document. This section must be written in point wise format.
The signatures of both parties must be done at the end of the contract.
Any legal document which records the details of an arrangement where a property is being rented out is referred to a tenancy contract. Such contracts record all the essential details along with the period for which the contract holds or the property is being rented. A 6 month tenancy contract is thus a contract which is made for a period of 6 months. It is just like regular contracts and a sample has been provided here for convenience of all.
Sample 6 Month Tenancy Contract
Date of signing the contract: 14th June 2012
This contract has been prepared as a part of an arrangement between Mr. Henry Lawson, the property owner and Mr. Jeff Gordon, the tenant as on the above mentioned date.
This contract states that the property mentioned in the contract below is being rented to Mr. Jeff Gordon for six months starting on the date 20th June 2012
Details of the Property Owner:
Name: Mr. Henry Lawson
Contact No.: 295-764-376
Correspondence Address: 3419, Simons Apartments, West Manhattan, New York, USA.
Details of the tenant:
Name: Mr. Jeff Gordon
Contact No.: 733-817-336
Correspondence Address: 359, 2nd Street, Brooklyn, New York, USA.
Details of the Property:
Location: 33, 3rd and Main, Victor Square, New York, USA.
Property Type: Office Space.
Terms of the contract:
- The fixed rent is to be paid by the 10th of every month until the contract expires.
- 2. The contract does not transfer ownership.
- 3. The contract is a legally binding document.
_____________________ (Mr. Henry Lawson)
_____________________ (Mr. Jeff Gordon)
A common tenancy contract is a regular tenancy contract which is commonly used by the legal authorities to record tenancy arrangements. The contract records all the required details of the parties involved in contract signing, the terms of the tenancy, the date of expiry or the duration etc. A sample of a common tenancy contract has been given here.
Sample Common Tenancy Contract
Date of signing the contract: 15th May, 2012
The contract is being entered by a Mr. Samuel Rendell, the property owner, and a Mr. Penn Bass, the tenant of the property, as on the signing date.
The contract states that Mr. Rendell is renting out the property in question to Mr. Penn Bass for the rent amount of $1000 per month. The contract holds validity for a period of 2 years(which is termed as the EFFECTIVE PERIOD) from the date of signing.
Details of the property owner:
Name: Mr. Samuel Rendell
Contact No.: 574-559-285
Correspondence Address: 64, Bella Rosa Street, Cistern Square, New Jersey, USA.
Details of the tenant:
Name: Mr. Penn Bass
Contact No.: 675-753-222
Correspondence Address: 74, Basin Elm Street, Redford, New Jersey, USA.
Details of the Property:
Location: 25, Beta Phi Street, Redford, New Jersey, USA.
Property Type: Commercial
Terms of the contract:
- 1. The tenant has residing rights for the period of validity of the contract, i.e. it is not a permanent ownership transfer of any sort.
- 2. The damage repairs (if any) during the residing period of the tenant must be borne by them.
- 3. The contract is henceforth a legally binding document.
_____________________ (Mr. Samuel Rendell)
_____________________ (Mr. Penn Bass)