South France Immobilier Property & Luxury French Real Estate by RHF International

A Tenancy Agreement can be defined as an agreement or a treaty between two parties i.e. the tenant and the landlord. It is a contract, which allows the tenants to occupy the property or a house, and authorises the landlords to receive rent for letting their property.

The Tenancy Agreement is simply for the facility of both the groups, so that no clashes or issues arise after the property is rented. It can be both in written or oral form. However, the oral agreement can cause problems afterwards, as there is no evidence of it. Hence, the written contract should always be preferred to have a written record and proof of the whole agreement. The written agreement makes it easy for you to gain your rights by approaching law, if such a requirement is arisen.

The Tenancy Agreement should be in accordance with the country law. It must privilege you with your statutory rights; otherwise, it becomes ineffective. Through this agreement, both the landlord and the tenant are liable to some privileges, and bound by some errands.

A Tenancy Agreement should fulfill the basic requisites. In a written agreement, each point should be mentioned in detail, with signatures of both the parties. While making an agreement, a third person i.e. a guarantor should be present there. The main job of a guarantor is to make sure that the rent is being paid according to the contract. Moreover, the term or period of the tenancy, with starting and ending date, should be mentioned in the contract.

The agreed rental amount should be clearly mentioned in the agreement, which will be paid by the tenant along with the due date for each month. A written declaration by the owner should be mentioned in the tenancy agreement stating the agreed amount of the deposit, both in words and numbers, which will be kept by him until the time the tenant resides there.

A Tenancy Agreement must comprise of the method of rental payment by the tenant i.e. whether the tenant is supposed to pay rent directly to the landlord, through his agent, by postal order, or should it be in cash form or cheque. All these details should be mentioned clearly and vividly in the written record.

Moreover, some other issues can be settled in the agreement, as the tenant will have to pay all the utility bills, reconnection fees (in case of disconnection of any service), license fee of television, etc. Besides, points like the tenants should keep the house or property in good condition, no changes should be made in property without the permission of landlord, property rented for the residential use should not be used for commercial or any other purposes, etc can be included in the agreement. Similarly, the responsibilities of the landlords like the repair of property in case of damages (not done by tenant), tax payment, insurance of property from hazards, etc are also covered in the Tenancy Agreement.

Hence, if the Tenancy Agreement is properly made, and both parties follow it accordingly, then there is no chance of any undesirable situation afterwards.