1 year – Tenancy Agreement For a Residential Property Between a Company and an Individual

The agreement also details the rights and responsibilities of each party, including the landlord’s duty to maintain the property in a habitable condition and the tenant’s obligation to not engage in illegal activities on the premises. It includes clauses on property inspections, alterations, and subletting policies. The document ensures that both parties have a clear understanding of the expectations and legal recourse in case of disputes. It is essential for the agreement to be signed by both parties and to include provisions for renewal, termination, and notice periods in accordance with local laws. This agreement serves as a foundation for the tenancy, providing security and clarity for the duration of the lease.