A Landlord Must Have an Assured Short Hold Tenancy Agreement

Posted on September 9th, 2008 | by John Glenn |

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An Assured Shorthold Tenancy (AST) Agreement is a contract between landlord and tenant for a short term period. With an AST, the right of tenant of tenure security which is specially called as the right not to be expelled of the property is less than it would have been before the arrival of the AST. If the landlord obeys the rules and regulations then he has the freedom to attain property freely.
As a landlord you will have to be careful when you need to rent your apartment. First important thing is to enter into the agreement by both landlord and tenant. If the aim of the shorthold tenancy contract is to offer a room only then it is advisable to carry out a house sharing agreement which indicates the terms and conditions about the usage of same facilities. The second important step is that the rental property must be covered by an ordinary insurance contract. Third step is that there should be no minimum term as the shorthold tenancy agreement is for a short term only.

The fourth step or feature is that the assured shorthold tenancy should be for a minimum period of 6 months by implication. The expiry of the term can build its conversion into a periodic assured shorthold tenancy. As a result, the duration will be based on the terms and conditions of the rental fee like weekly or monthly. The tenant has the freedom to leave the renting property any time but before that he has to give him 2 months notice in writing. The execution of any type of contract should be taken with some preventive measures. The last thing is that the deposit should be held under the strict terms and conditions.