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Multiple Tenant Lease Agreement
"I need a Multiple Tenant Lease Agreement for a 5-bedroom property in Auckland, starting March 1, 2025, that will house international students and includes specific provisions for room rotation every semester and shared utility payments."
1. Parties: Identification of the landlord/property manager and all tenants, including their full legal names and contact details
2. Background: Context of the agreement, property overview, and purpose of the multi-tenant arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Common Areas', 'Individual Rooms', 'Shared Facilities', etc.
4. Term of Tenancy: Start date, end date (if fixed-term), and any renewal provisions
5. Rent and Bond: Rent amount, payment terms, bond amount, and payment methods
6. Utilities and Outgoings: Responsibility for utilities, including water, electricity, gas, internet, and how costs are split
7. Use of Premises: Permitted use of the property, occupancy limits, and restrictions
8. Common Areas and Shared Facilities: Rules and responsibilities regarding shared spaces and facilities
9. Individual Room Allocations: Specific room assignments and individual tenant responsibilities
10. Maintenance and Repairs: Responsibilities for property maintenance, reporting procedures, and timeframes
11. Health and Safety: Compliance with Healthy Homes Standards and other safety requirements
12. Insurance: Insurance requirements for both landlord and tenants
13. Default and Remedies: Consequences of breach and available remedies
14. Termination: Grounds and procedures for termination, notice requirements
15. Dispute Resolution: Process for resolving disputes between tenants and with the landlord
16. General Provisions: Standard legal provisions including governing law, notices, and entire agreement
1. Body Corporate Rules: Required for apartments or units within a body corporate structure
2. Parking Arrangements: Include when property has specific parking allocations or restrictions
3. Pet Provisions: Include when pets are allowed, specifying conditions and requirements
4. Short-Term Guest Policy: Include when there's a need to regulate visitors and temporary guests
5. Study/Work From Home Policy: Include when property is suitable for home office use
6. Subletting and Assignment: Include when subletting or assignment rights are granted
7. Property Manager Provisions: Include when a property manager is involved
8. Special Facilities: Include when property has additional facilities like gym, pool, or storage units
1. Schedule 1: Property Details: Detailed description of the property, including room specifications and facilities
2. Schedule 2: Rent Schedule: Breakdown of rent for each room/tenant and payment details
3. Schedule 3: Condition Report: Detailed report of property condition at commencement of tenancy
4. Schedule 4: Inventory List: List of furnishings and appliances provided by the landlord
5. Schedule 5: House Rules: Specific rules for communal living and property use
6. Schedule 6: Maintenance Schedule: Regular maintenance requirements and schedules
7. Appendix A: Healthy Homes Standards Compliance: Documentation of compliance with required standards
8. Appendix B: Insurance Certificates: Copies of relevant insurance policies
9. Appendix C: Body Corporate Rules: If applicable, body corporate rules and regulations
10. Appendix D: Floor Plan: Detailed floor plan showing room allocations and common areas
Authors
Real Estate
Property Management
Student Housing
Residential Property
Shared Accommodation
Professional Housing
Property Investment
Education Housing
Corporate Housing
Legal
Property Management
Residential Leasing
Operations
Compliance
Administration
Asset Management
Facilities Management
Customer Service
Risk Management
Property Manager
Real Estate Agent
Leasing Coordinator
Tenancy Manager
Housing Officer
Property Administrator
Legal Counsel
Compliance Officer
Portfolio Manager
Student Accommodation Manager
Asset Manager
Facilities Manager
Residential Leasing Specialist
Property Operations Manager
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