Assured shorthold tenancy (AST) is the most common type of agreement used for residential rentals. In general, the use of any other type of tenancy agreement is rare. ASTs are typically given for a period of six months but can be for longer.
There are two versions of the agreements, depending on the security deposit option tenants choose: one with deposit replacement insurance (DRI) and one without. Sample tenancy agreements are attached below and define the terms, conditions, rights and obligations of both parties.
There are two versions of the agreements, depending on the security deposit option tenants choose: one with deposit replacement insurance (DRI) and one without. Sample tenancy agreements are attached below and define the terms, conditions, rights and obligations of both parties.
Please keep in mind these are samples – tenancy agreements may vary significantly. Specific terms of the tenancy are subject to what is agreed upon between the landlord and tenant.
The AST is a legally binding document that shall include the date of the contract, contact information for both the landlord and tenant, property details and more. If it's not on the AST, it's not legally binding, so make sure it contains whatever other terms agreed upon by both parties.
A standard AST agreement will always include the rental rights and obligations of each party, legal and safety regulations, rent details (e.g., the amount due, payment frequency, late fees, etc.) and other payment information, such as security deposit or inventory checklist details.
The agreement may include additional material, such as:
- Dispute resolution methods (mediation, arbitration, or both)
- The option to renew the lease
- Any other special conditions agreed upon by both parties