The Fixed Term Lease Agreement is essential for establishing clear terms in residential tenancies under English and Welsh law. It provides certainty for both landlord and tenant by fixing the rental period and defining rights and obligations. This document incorporates requirements from various housing legislation, including the Housing Act 1988, Landlord and Tenant Act 1985, and recent regulations on tenant fees and safety standards. It's particularly useful when parties want to establish a definite rental period without the flexibility of earlier termination, unless specifically agreed through break clauses.
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1. Parties: Details of landlord and tenant(s)
2. Background: Context of the lease agreement
3. Definitions: Key terms used throughout the agreement
4. Demise: Property description and term of lease
5. Rent and Payment Terms: Rent amount, payment schedule, and methods
6. Tenant Obligations: Responsibilities and restrictions on tenant
7. Landlord Obligations: Responsibilities of the landlord
8. Termination Provisions: End of tenancy terms and notice requirements
1. Break Clause: Early termination provisions - used when parties want flexibility to end lease early
2. Guarantor Provisions: Terms for rent guarantor - used when tenant requires a guarantor
3. Pet Provisions: Terms for keeping pets - used when pets are allowed in property
4. Subletting Provisions: Terms for subletting - used when subletting might be permitted
1. Schedule of Condition: Detailed property condition at start of tenancy
2. Inventory: List of furnishings and contents
3. Certificate Bundle: Safety certificates (gas, electric, EPC)
4. House Rules: Additional property-specific regulations
5. Floor Plan: Property layout and measurements
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