Better Tenancy Agreements and Notices

Whether it’s an agreement for a new tenancy, or a notice concerning a rent increase, renewal or updated terms and conditions, any documents related to the tenancy agreement are very important items for a landlord.  A good tenancy agreement is one of the most important factors in ensuring that your interests and property assets are protected in a landlord – tenant relationship. It also ensures a smoother relationship, since there are lesser chances of misunderstandings or misinterpretations from either party.  The catch is that all such agreements need to be acknowledged and signed by the tenant. As a landlord, you may have faced the often vexing task of having to chase up the tenant several times to get this done. This is both vexing, as well as a waste of your valuable time, and can be easily fixed by making sure your tenancy agreement or notice carries the correct clause. The clause should state that the agreement will automatically be deemed accepted by the tenant if they do not respond within the specified notice period. It is always better to deliver these notices through a certified return receipt mail so that you have a proof of delivery. Also make sure that you check the local law for the minimum legal notice period, so that your notice is legally compliant.  This will also ensure that the tenant responds within a reasonable time frame to you, in the event that he has any clarifications or objections with the notice. In any event, if he decides to ignore the notice, the clause prevents unreasonable delays, and ensures that your interests remain protected.

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