The Co-Tenant Lease Agreement is essential when multiple individuals wish to share a residential property in England and Wales. This document is particularly relevant for house shares, student accommodation, and professional co-living arrangements. It establishes joint and several liability among tenants, meaning each tenant is individually responsible for all obligations under the lease while sharing rights to the property. The agreement complies with current housing legislation, including the Housing Act 1988 and Tenant Fees Act 2019, and includes provisions for rent payment, deposit protection, maintenance responsibilities, and termination procedures.
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1. Parties: Identifies all tenants, landlord, and guarantors if applicable
2. Background: Brief context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Term: Duration of tenancy and any break clauses
5. Rent and Payments: Rent amount, payment schedule, and permitted charges
6. Deposit: Amount, protection scheme, and return conditions
7. Tenant Obligations: Core responsibilities of tenants including maintenance and behavior
8. Landlord Obligations: Core responsibilities of landlord including repairs and compliance
1. Break Clause: Early termination provisions - used when parties want flexibility to end tenancy early
2. Guarantor Provisions: Obligations of guarantors - used when tenants require guarantors
3. Pet Provisions: Rules regarding keeping pets - used when pets are allowed in property
1. Schedule 1: Inventory: Detailed list of furniture and fittings
2. Schedule 2: Property Condition Report: Initial condition of property
3. Schedule 3: House Rules: Additional rules for shared living
4. Appendix A: Prescribed Information: Deposit protection scheme details
5. Appendix B: Safety Certificates: Gas, electrical, and EPC certificates
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