Legal document outlining the terms of a residential tenancy agreement.
The AST specifies responsibilities for both parties, including rent payment details, property maintenance obligations, and conditions under which the tenancy may be terminated. This agreement provides the landlord with the right to regain the property after the fixed term through a possession order from the court, if necessary, once the initial period has expired.
Importantly, under an AST, tenants have protection from eviction during the fixed term, unless they breach the terms of the tenancy. It also subjects landlords to certain legal requirements such as protecting tenants' deposits in a government-approved scheme and adhering to safety regulations regarding the property.
An Assured Shorthold Tenancy Agreement (AST) is essential for landlords renting residential property in England and Wales. It establishes a formal, legal relationship between the landlord and tenant, ensuring both parties understand their rights and responsibilities.
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