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What is a residential tenancy agreement?

A residential tenancy agreement is a legal agreement between a tenant and landlord to lease a property for a period of time. The tenancy agreement (also known as a lease) highlights the legal obligation of both parties during the tenancy period, including:
  • The amount of rent to be paid
  • How often payments must be made
  • The term of tenancy agreement
  • Point of contact ie. if the property will be managed by a real estate agent
  • Conditions of entry and any
  • Special conditions that need to be adhered to.
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