Lodger Agreement

Description

This Lodger Agreement puts the lodger’s tenancy on a formal footing and gives you the rights to get the room back or have a lodger leave when you need . This agreement deals with all the key issues of a lodger’s tenancy. As long as you get the details right, this lodger agreement can be a tax efficient way to raise some extra money.

When to use:

Use this lodger agreement:

• When you are looking to rent out a room at your property
• When you will be living at the property
• When the property is your main home
• Only when the property is in England or Wales

What this covers:

This lodger agreement covers:

• The amount of rent payable
• The level of deposit required
• The right for the lodger to use the common areas in the property
• The owner’s responsibilities
• What the lodger can and cannot do at the property
• How to end the agreement