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What is a Tenancy agreement?

A Tenancy agreement, also known as a lease agreement or rental agreement, is a legally binding contract between a landlord (property owner) and a tenant (individual or entity) that outlines the terms and conditions of renting a residential or commercial property. The tenancy agreement helps to establish clear expectations, protect the interests of both parties, and promote a harmonious landlord-tenant relationship.

Tips

• Document Everything: Keep detailed records of all communications, agreements, and transactions with the tenant. Document the condition of the property before and after the tenancy to avoid disputes over security deposit deductions.
• Screen Tenants Carefully: Conduct thorough tenant screening, including background checks, credit checks, and rental history verification, to find reliable and responsible tenants.

 2 parties      T&C      Service    Renewal and termination     Recurring payment

What is a Coworking service agreement?

A Coworking service agreement is a contract between a coworking space provider and an individual or company seeking to utilise the shared workspace and associated amenities and services. Coworking spaces offer flexible arrangements where individuals or businesses can rent desks, offices, or meeting rooms on a short-term basis, typically under a monthly membership or agreement.

Tips

• Member Responsibilities: Clearly state the responsibilities of members, such as maintaining cleanliness, respecting others’ property, adhering to safety protocols, and following any community guidelines or codes of conduct.
• Use of Facilities: Detail the permitted uses of the coworking space, including any restrictions on activities, noise levels, or guests. Specify any shared resources like meeting rooms, printers, or kitchen facilities and how they should be utilised.