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Pre Tenancy Agreement
Whether you are a seasoned landlord or just getting started there are several types of tenancy agreements that you will need to know of so that you can make an informed decision to ensure you are using the one that is right for you. On our website you will find a selection of the different types of tenancy agreements that you may want to use. They are very easy to use and have been drafted by a qualified solicitor.
The Pre-Tenancy Agreement is used to temporarily commit a tenant to an agreement of tenancy. The Pre-Tenancy Agreement reserves the tenancy so that the landlord does not keep the property on the market and confirms the basic terms, such as deposit value and the start and end date of the tenancy. Once the payment of a deposit has been received and any requested references have been approved by the landlord, the tenant and the landlord will be prepared and able to sign a Tenancy Agreement. The template document can be used again and again as it is stored on your computer for your ease after you have purchased it.
As a landlord this agreement is invaluable because it lets you offer a flat, rooms or other property to a tenant before you actually sign a Tenancy Agreement. If the tenant readily accepts the use of a Pre-Tenancy Agreement you can be fairly certain of having a tenant for your building if after checking references you feel they will be good tenants.
The Pre-Tenancy Agreement contains details of the rental property, the address, the length of time of the tenancy, the monthly rental amount, the expected start date of the tenancy and a request for at least three references. The references can be from previous landlords, employers, teachers or any other character references you would be comfortable with. Although three references are typical you can request as many, or as few, as you wish.
Another aspect of the Pre-Tenancy Agreement is the ability to have in writing who will be responsible for the utilities. Depending on the situation the utility bills can be the sole responsibility of the tenant or the landlord. You could also choose to have the tenant pay for certain utilities and not others. These same terms will then be entered into the main Tenancy Agreement. We offer an Assured Shorthold Tenancy Agreement which is for use when you are renting an entire property. We also have a Lodger Agreement which is for use when you are just letting a room in your property. All of our downloadable templates are easy to use and affordable.
There is a provision in the Pre-Tenancy Agreement that lets you list the deposit amount that is required and the collection of any advanced rent. The agreement will state that should the potential tenant back out of the Pre-Tenancy Agreement the landlord may keep the monies already collected from that tenant. The reason for this is because the flat or building was taken off the market and other potential tenants would have been turned away. This also covers the landlords administration costs for having to put the property back on the market after the potential tenant’s pull out. However, since this downloadable document is customisable you could elect to waive this part of the agreement. The decision will be yours and easy to change if you want to. Our Pre-Tenancy Agreement will be legally binding once signed.