KShs 3,500.00
A 1-Year Tenancy Agreement for a residential property is a legally binding document that outlines the terms and conditions of the lease between an individual landlord and tenant. This contract typically includes essential details such as the names and contact information of the parties involved, the duration of the lease, the rental amount, and payment intervals. It also specifies the use of the property, security deposit terms, maintenance responsibilities, and conditions for termination of the agreement. The agreement ensures that both parties understand their rights and obligations, providing a clear framework for the tenancy.
It serves to protect the interests of both the landlord and the tenant, offering a structured approach to residential leasing. This type of agreement is particularly useful for short-term leases, where simplicity and clarity are paramount. It is designed to be straightforward, avoiding complex legal jargon, making it accessible for individuals without legal expertise. The 1-Year Tenancy Agreement is a practical solution for residential leases, promoting a harmonious landlord-tenant relationship.
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