As a professional, I would write an article on „what`s an assured shorthold tenancy agreement“ in a way that is easy to read, engaging, and includes relevant keywords for search engine optimization. Below is an example of what the article could look like:
An assured shorthold tenancy agreement (AST) is a type of contract used in the United Kingdom to define the terms of a rental agreement between a landlord and a tenant. It is the most common type of tenancy agreement used for private renting in England and Wales.
One of the main features of an AST is that it gives the landlord the right to repossess the property at the end of the contract, as long as they give the tenant two months` notice and follow the correct legal procedures. This is known as a Section 21 notice.
ASTs can be used for a variety of rental properties, including houses, flats, and maisonettes. The agreement should include important information such as the amount of rent payable, the length of the tenancy, the names of the landlord and the tenant, and any specific terms or conditions that have been agreed upon.
It is important to note that there are certain rules that landlords must follow when using an AST. For example, they must provide the tenant with a copy of the agreement before the tenancy begins, and they must put the tenant`s deposit in a government-backed tenancy deposit scheme.
ASTs are usually used for a fixed term, such as six months or a year, but can be renewed if both the landlord and the tenant agree. If the tenancy continues after the fixed term has ended, it will become a periodic tenancy unless a new agreement is signed.
If a tenant breaches the terms of an AST, such as by not paying rent or causing damage to the property, the landlord may be able to take legal action to evict them. However, they must follow the correct procedures and obtain a possession order from the court.
In summary, an assured shorthold tenancy agreement is a legally binding contract used for private renting in England and Wales. It sets out the terms of the tenancy, including the rent payable and the length of the agreement, and gives the landlord the right to repossess the property at the end of the contract as long as they follow the correct legal procedures. Landlords must follow certain rules when using an AST, and tenants should read the agreement carefully before signing to ensure they understand their rights and responsibilities.