If you do not have a secure short-term rental agreement that you currently use for your real estate, you can download the template provided by Farillio. A lease agreement aims to protect the interests of both parties while ensuring that the property is preserved and maintained. Destination obligations keep the tenant in a comfortable home during the lease and the landlord receives a well-maintained home after the contract is terminated. It will be particularly relevant for use if the parties have a longer-term lease agreement of 2 years or more. It therefore contains provisions relating to rent checks and those which allow the lessor or tenant to terminate the tenancy for the duration of the reference period if their circumstances change. Under the law, it is prohibited for a lessor or rental agent to require a person concerned to make a loan under a rental agreement. The law defines a lease agreement (for the purposes of the law) as follows: a lease can be either for a fixed period, which means that it ends on a given date, or it can be periodic, which means that it operates from week to week or month to month. The maximum deposit allowed can go up to a weekly rent calculated in the same way as the rental deposit (annual rent divided by 52). .

The money paid by or on behalf of a tenant to a lessor or rental agent prior to the granting of a legal lease right varies depending on the type of lease agreement. The law does not apply to leases that would be used if the lease is leased to a business or if it is not just the individuals or the principal residence. In case of doubt, it is advisable to be clarified by GOV.UK. In addition, landlords, rental agents and tenants can read the government`s “Tenant Fees Act 2019: Guidance” here. If it is decided that the person who received the bond will not reimburse it, the person who paid it must be informed in writing of the reasons why the person who received it intends not to reimburse it within 7 days of the lessor`s decision not to enter into an agreement. If the written notification is not made within 7 days, the withholding deposit must be refunded (regardless of the right to withholding). (8) However, the “relevant period” does not include a period beginning after the expiry of a year beginning on the first day of the lease. A standard rental agreement for use in the private rental sector, in which a short-term rental contract is concluded, and accompanying advice.

A payment is an authorized payment if it is a payment to a lessor or rental agent, taking into account the termination of a rental agreement at the request of the tenant. The real estate agent wishes to keep the deposit paid by the original “tenant”.