Legal Tenancy Agreement Outline
1. Introduction
This Legal Tenancy Agreement ("Agreement") is made and entered into between [Your Name], hereinafter referred to as "Landlord," and [Tenant's Name], hereinafter referred to as "Tenant." This Agreement outlines the terms and conditions under which the Tenant will lease the residential property located at [Property Address], hereinafter referred to as the "Premises."
2. Term
2.1 Duration
The lease will commence on [Start Date] and will end on [End Date], unless earlier terminated in accordance with the terms of this Agreement.
2.2 Renewal
Upon the expiration of the lease term, the Agreement may be renewed subject to the mutual consent of both parties. Terms of renewal will be negotiated at that time.
3. Rent
3.1 Payment Amount
The Tenant agrees to pay the Landlord a total rent of $[Rent Amount] per month, payable on the [Day] day of each month.
3.2 Payment Method
Rent payments are to be made via [Payment Method], directed to the Landlord’s designated account or address as specified in this Agreement.
3.3 Late Payment
If the rent is not paid by the due date, a late fee of $[Late Fee Amount] will be imposed for each week that the rent remains unpaid.
4. Security Deposit
4.1 Deposit Amount
The Tenant shall pay a security deposit in the amount of [Security Deposit Amount] before taking possession of the Premises.
4.2 Refund
The security deposit will be refunded to the Tenant within [Number of Days] days after the termination of this Agreement, subject to deductions for damages beyond normal wear and tear or any unpaid rent.
5. Tenant Obligations
The Tenant agrees to comply with all obligations imposed upon tenants by applicable building and housing codes, and to maintain the Premises in a clean and sanitary condition.
6. Landlord Obligations
The Landlord agrees to maintain the structure and included appliances and fixtures on the property in good repair and to comply with all health and safety standards required by law.
7. Termination
7.1 Notice
Either party may terminate this Agreement by providing written notice of [Notice Period] days to the other party.
7.2 Breach
In the event of a breach of this Agreement by the Tenant, the Landlord may terminate the Agreement by providing a written notice specifying the breach.
8. Governing Law
This Agreement is governed by the laws of [State/Country], without regard to its conflict of law principles.
9. Signatures
IN WITNESS WHEREOF, the parties have executed this Tenancy Agreement as of the date first above written.
Signature: __________________________
[Your Name]
Date: [Date Signed]
Signature: __________________________
[Tenant's Name]
Date: [Date Signed]
Agreement Templates @ Template.net
