If you`re looking for a place to live but don`t want to commit to a long-term lease, a short-term tenancy agreement may be the perfect solution for you. This type of agreement allows you to rent a property for a shorter period of time, usually ranging from a few weeks to a few months.
To give you an idea of what a short-term tenancy agreement looks like, we`ll provide an example below. Keep in mind that every agreement is unique and may vary depending on the landlord, tenant, and property involved.
Short-Term Tenancy Agreement Example:
This Short-Term Tenancy Agreement (“Agreement”) is made on [insert date] between [insert name of landlord] (“Landlord”) and [insert name of tenant] (“Tenant”).
1. Term of Tenancy: The tenancy will begin on [insert start date] and end on [insert end date].
2. Rent: The Tenant agrees to pay rent of [insert amount] per week/month, due on [insert due date]. Rent must be paid in full and on time, and any late payments may result in late fees.
3. Security Deposit: The Tenant will pay a security deposit of [insert amount] to the Landlord before the start of the tenancy. This deposit will be returned to the Tenant at the end of the tenancy, provided there is no damage to the property or unpaid rent.
4. Use of Property: The Tenant agrees to use the property located at [insert property address] only as a private residence. The Tenant will not use the property for any illegal purposes or activities.
5. Maintenance and Repairs: The Tenant agrees to keep the property clean and well-maintained during the tenancy. The Tenant must report any damage or needed repairs to the Landlord immediately.
6. Termination of Tenancy: The Landlord or Tenant may terminate this Agreement by giving [insert notice period] days` notice in writing before the end of the tenancy.
7. Governing Law: This Agreement will be governed by and construed in accordance with the laws of [insert jurisdiction].
8. Entire Agreement: This Agreement represents the entire understanding of the parties and supersedes all prior negotiations and agreements between the parties.
By signing below, the Landlord and Tenant agree to the terms of this Short-Term Tenancy Agreement.
[insert signature lines]
Remember, it`s important to carefully review and understand any tenancy agreement before signing it. If you have any questions or concerns, be sure to consult with a legal professional or experienced property manager.