Co -Tenancy
This type of lease is signed by all tenants of
the property.
In a
co-tenancy agreement each individual is considered as a collective, sole
tenant.
All tenants are responsible for the property
and payment of rent.
If one tenant fails to pay their share of the
rent, all the tenants will be responsible.
Sub-tenancy
A tenant can choose to share the lease and
split the rent and choose the person who they want to share with.
Sub-letting
A head tenant can choose to sub-let part of
the property and also take on the legal responsibilities of the landlord.
A dispute between a head tenant and sub-tenant
can be heard by a tribunal.
Rooming
houses & boarding
Tenants that rent a room within a rooming
house will not be named on the lease but may choose to have an exclusive room
right.
A tenant has the choice to share the room with
someone of their choice or just occupy it themselves.
Alternatively, the owner of the rooming house
can choose who else lives in the room with a ‘shared room right” type of
agreement.
Upload
all of your tenancy agreement onto the RealRenta platform to form part of the
tenancy file.
If one tenant fails to pay their share of the rent,
all the tenants will be responsible
Use
RealRenta for free for up to 2 months now: https://app.realrenta.com/Signup.aspxll tenants are responsible for the
property and payment of rent.
Jason Gwerder
Friday, 21 June 2019
