Who Should Keep the Original Tenancy Agreement
Posted on: mars 28, 2022, by : admin

When it comes to renting a property, tenants and landlords are required to sign a tenancy agreement outlining the terms and conditions of the lease. This legally binding document is crucial in protecting both parties` rights and ensuring a smooth tenancy. However, once the agreement is signed, the question arises: who should keep the original tenancy agreement?

The answer to this question is simple: both parties should keep a copy of the original tenancy agreement. The landlord and tenant each have specific responsibilities during a tenancy, and keeping a copy of the agreement is essential in case of any disputes that may arise.

For tenants, having a copy of the tenancy agreement is crucial as it outlines their responsibilities during the tenancy. It includes important details such as the rental amount, payment schedule, and any clauses related to maintenance repairs, termination of tenancy, or eviction notice. A tenant should keep the original agreement in a safe place and refer to it in case of any questions or misunderstandings.

On the other hand, the landlord should also keep a copy of the original tenancy agreement. It is the landlord`s responsibility to ensure that the terms of the lease are adhered to, and they have a legal obligation to provide the tenant with the necessary documents. The landlord can use the agreement to enforce the terms and conditions of the lease, including recovering rent arrears or obtaining possession of the property.

In summary, both the tenant and landlord should keep a copy of the original tenancy agreement. It is an essential document that outlines the terms and conditions of the lease and helps to protect both parties` rights. A copy of the agreement ensures that each party has access to and can refer back to the document in case of any disputes that may arise during the tenancy. So, whether you`re a tenant or a landlord, make sure to keep a copy of the tenancy agreement safe and easily accessible.