Informed Landlords Glossary: Tenancy

Tenancy can describe the person/s living in your property are in tenancy, as they are tenants. Tenants are persons that are paying rent to a landlord. You should have a tenancy agreement with these individuals as oral agreements are not adequate.

Assured Shorthold Tenancy is the major agreement most Landlords and Tenants use. This has been the standard issued tenancy agreement for many years and is known by most legal companies. Use this agreement in the main.