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Short Term Tenancy Agreement 3 Months

Short Term Tenancy Agreement for 3 Months: All You Need to Know

A short term tenancy agreement for 3 months is a popular option for tenants who want to rent a property for a limited period of time. Whether you need a temporary home for work, study, or travel purposes, a 3-month tenancy agreement provides flexibility and affordability. In this article, we will discuss the key features of a short term tenancy agreement for 3 months and how it works for both landlords and tenants.

What is a Short Term Tenancy Agreement?

A short term tenancy agreement is a legally binding document between a landlord and tenant that outlines the terms and conditions of a rental property for a limited period of time. It is typically used when the tenant wants to occupy the property for a shorter duration than a standard lease agreement, which usually lasts for at least a year.

A 3-month short term tenancy agreement is a popular choice as it allows tenants to have a fixed term of occupancy, without being tied down to a long-term commitment. This type of agreement can benefit landlords as well, as they can have a steady flow of income for a short period of time, while still being able to use the property for their own purposes after the tenancy period ends.

What are the Key Features of a Short Term Tenancy Agreement?

A short term tenancy agreement for 3 months generally includes the following features:

1. Rent and Deposit: The agreement should specify the monthly rent amount, payment due date, and the amount of deposit required. The deposit amount is usually equivalent to one or two months` rent and is held as security against any damages or unpaid rent.

2. Duration: The agreement should clearly state the start and end date of the tenancy period, which is usually for 3 months.

3. Responsibilities: The agreement should outline the responsibilities of both the tenant and landlord during the tenancy period. This includes the tenant`s obligation to pay rent on time, take care of the property, not to sublet the property without permission, and adhere to any other terms and conditions specified in the agreement. The landlord`s responsibilities include providing a safe and habitable property, carrying out repairs and maintenance, and following any other terms and conditions specified in the agreement.

4. Termination: The agreement should state the conditions under which the tenancy can be terminated before the end of the 3-month period. This could be due to the tenant`s breach of the agreement, non-payment of rent, or other reasons specified in the agreement.

How Does a Short Term Tenancy Agreement Work?

Once the landlord and tenant have agreed on the terms and conditions of the rental, both parties will sign the tenancy agreement. The tenant will then pay the deposit and the first month`s rent in advance. The landlord will provide the tenant with a copy of the agreement, as well as any other relevant information about the property.

During the tenancy period, the tenant is responsible for paying rent on time, taking care of the property, and adhering to the terms and conditions of the agreement. The landlord is responsible for providing a safe and habitable property, carrying out any necessary repairs or maintenance, and adhering to any other terms and conditions specified in the agreement.

At the end of the tenancy period, the landlord and tenant will do a walkthrough inspection of the property to check for any damages or outstanding rent. If there are no issues, the landlord will return the deposit to the tenant, subject to any deductions for damages or unpaid rent.

Final Thoughts

A short term tenancy agreement for 3 months can provide a convenient and flexible option for both landlords and tenants. It allows tenants to have a fixed term of occupancy without committing to a long-term lease, while providing landlords with a steady flow of income for a short period of time. If you are considering a short term tenancy agreement, make sure to carefully read and understand the terms and conditions of the agreement before signing it.