A contractual agreement between a tenant and a landlord. It usually contains all of the information relevant to the tenancy, such as how frequently rent should be paid and how often it should be paid. It will also detail more specific criteria, such as grounds for eviction and how long the tenancy will last for. It can fundamentally be thought of as a list of agreed upon terms and rules between the tenant and landlord. Once signed, it is bound by law.
Not all tenancy agreements are written. Some may be created verbally, though it is important that both parties understand how precarious a verbal agreement can be. Specifications of the agreement are entirely decided by both the tenant and the landlord, provided they all adhere to the relevant laws. Both tenant and landlord are protected by specific laws relating to housing and property ownership.
Most tenancy agreements are written purely for ease of reference should any complications arise at a later date. If the tenant is visually impaired, the tenancy agreement must be created in a way that is fully understood. An agreement is only finalised when both parties have signed and agreed to the terms.
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