The Residential Lease Rental Agreement And Deposit Receipt is essential for formalizing residential tenancy arrangements in England and Wales. It serves as both a comprehensive lease agreement and official documentation of deposit payment and protection. This document is typically used when establishing new Assured Shorthold Tenancies (ASTs), ensuring compliance with the Housing Act 1988, Tenant Fees Act 2019, and deposit protection legislation. It provides security and clarity for both landlords and tenants by clearly defining their rights and obligations, while meeting all statutory requirements for residential lettings in England and Wales.
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1. Parties: Identification and contact details of the landlord and tenant(s)
2. Background: Context of the agreement and confirmation this will be an Assured Shorthold Tenancy
3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, Deposit, etc.
4. Property Details: Full description of the let property including address and any included/excluded areas
5. Term: Duration of tenancy, start and end dates, and any continuation provisions
6. Rent: Rental amount, payment frequency, method of payment, and due dates
7. Deposit: Deposit amount, protection scheme details, and return conditions
8. Tenant Obligations: Core responsibilities including maintenance, repairs, conduct, and statutory obligations
9. Landlord Obligations: Core responsibilities including repairs, insurance, and statutory obligations
1. Break Clause: Terms allowing either party to terminate the agreement early under specified conditions
2. Guarantor Provisions: Terms relating to guarantor obligations and liability
3. Pet Provisions: Specific terms and conditions regarding keeping pets in the property
4. Utility Provisions: Specific arrangements for utility bills and council tax
5. Special Conditions: Any additional terms specific to this tenancy
1. Schedule 1 - Inventory and Condition Report: Detailed list of furniture, fixtures, fittings and their condition at start of tenancy
2. Schedule 2 - Prescribed Information: Statutory information about deposit protection scheme as required by law
3. Schedule 3 - Safety Certificates: Copies of gas safety, electrical safety, and EPC certificates
4. Schedule 4 - How to Rent Guide: Latest version of the government's official guide for tenants
5. Schedule 5 - Guarantor Agreement: Formal agreement signed by any guarantors (if applicable)
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