An Assured Shorthold Tenancy Agreement is a legally binding document for a tenant and landlord to sign. This document is for a specific type of tenancy. Assured Shorthold Tenancy is the most common tenancy agreement used in England and Wales in which a tenant has the right to stay in a property for a certain period of time, as long as they pay the rent and abide by the terms of the tenancy agreement. The landlord also has terms they must adhere to in the agreement, such as not stopping by unannounced. The Assured Shorthold Tenancy typically lasts for six months and up to a year, wherein the landlord cannot evict the tenant without proper cause.
Our Assured Shorthold Tenancy Agreement template can be customised to include a Guarantor clause. When a legal document template is with a Guarantor it means the landlord has required a secondary person to the Agreement to be responsible for the tenancy agreement. A Guarantor states they will pay the rent if the main tenant is in default or cannot otherwise fulfil an obligation under the Agreement.
The Guarantor does not have to be living in the same dwelling. The idea is for a student or person without a regular income to still be able to rent a property, without undue risk to the landlord. Even a bad credit history and credit score will not be a problem if an Assured Shorthold Tenancy Agreement with Guarantor is in place because there is a “backer” to pay the rent if need be. Once the document has been signed by all parties it shall become a legally binding agreement.
The protection the Assured Shorthold Tenancy Agreement offers is for both parties. For a full explanation of the tenant’s and landlord’s rights and responsibilities to each other please see our Guides section. Any tenancy document that is signed will explain fully the situation one is agreeing to. These documents are for use in any tenancy situation that will be six months to a year, as that can be considered short term.
Assured Shorthold Tenancy Agreement Template
Our site provides you with doing it yourself document templates. These documents are easy to use. You simply purchase the Assured Shorthold Tenancy Agreement and then you can download it on to your computer and customise it to suit your requirements. During the download process, you are able to save it to the hard drive for reuse at any time. The format of these documents is such that you can modify and amend certain aspects such as typing in names, addresses, and changing certain terms like your policy on tenants keeping pets.
The Assured Shorthold Tenancy Agreement was created by a qualified solicitor. It is reliable and legal in the English and Welsh courts. In just a few moments you can have the tenancy agreement or agreements you need to ensure a protected tenancy situation with your new tenant. If there are compromises to be made or changes in the document before it is signed you are able to make those changes. These documents are simple and straightforward to make your needs complete regarding tenancy.