A Simple Tenant At Will Agreement is commonly used in England and Wales when immediate occupation of a property is required before a formal lease is ready, or when parties need maximum flexibility in their property arrangement. This type of agreement is particularly useful during property negotiations or in situations requiring short-term occupation without the commitments of a formal lease. It provides basic terms for occupation while explicitly avoiding the creation of a formal tenancy, particularly the security of tenure provisions under the Landlord and Tenant Act 1954. The agreement is terminable at will by either party and typically includes provisions for payment, permitted use, and basic obligations of both parties.
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1. Parties: Identification of landlord and tenant
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used in the agreement
4. Property Description: Detailed description of the premises
5. Payment Terms: Details of rent and payment arrangements
6. Termination Provisions: Rights to terminate the tenancy at will
1. Insurance Obligations: Used when specific insurance requirements need to be specified
2. Utilities and Services: Used when arrangements for utilities need to be clarified
3. Permitted Use: Used when specific restrictions on property use need to be defined
4. Alterations: Used when modifications to the property need to be addressed
1. Schedule 1: Property Plan: Floor plan or site plan of the property
2. Schedule 2: Inventory: List of fixtures and fittings (if furnished)
3. Schedule 3: Service Charges: Breakdown of any service charges (if applicable)
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