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7 Essential Clauses Every Landlord Should Include in Their Tenancy Agreement

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As a landlord, having a comprehensive tenancy agreement is crucial to protect your interests and ensure a smooth landlord-tenant relationship.

If your current agreement lacks these vital clauses, it’s time to update it. Here are seven important clauses to include:

1. Tenancy Type
Specify a fixed-term agreement to avoid automatic rent renewal. This means tenants must notify you and pay rent ahead (e.g., one or two months) before their rent expires if they wish to renew. If they fail to do so, serve them a seven-day owner’s intention to recover property notice.

2. Rent Review Clause
Clearly state the interval for rent reviews (e.g., annually). This ensures transparency and helps you adjust rent according to market rates.

3. Inspection Clause
Include a clause allowing you to inspect the apartment every three months to monitor its condition and address any issues promptly.

4. Usage
Specify that the apartment is for residential purposes only to prevent commercial use or other unauthorized activities.

To be continued…

(Next part will cover the remaining clauses: Subletting, Character, and Maintenance & Damage Liability)

 

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