Deed of Variation Tenancy Agreement: What You Need to Know
A deed of variation tenancy agreement is a legal document that allows both landlords and tenants to make changes to an existing tenancy agreement. In some cases, this may be necessary due to changes in circumstances, such as a tenant needing to add or remove someone from the lease. In others, it may be used to modify the terms of the lease agreement, such as changing the rent amount or the length of the lease.
If you are a landlord or a tenant considering a deed of variation tenancy agreement, there are a few key things you should keep in mind.
Make Sure You Follow the Proper Procedure
In order for a deed of variation tenancy agreement to be legally valid, it must follow the proper procedure. This means that both parties must agree to the changes and sign the document in the presence of witnesses.
It’s also important to note that a deed of variation tenancy agreement cannot be used to make changes that are prohibited by law, such as those relating to discrimination or health and safety regulations.
Consider the Impact on Your Tenancy
Before agreeing to a deed of variation tenancy agreement, it’s important to consider the impact that the changes will have on your tenancy. For example, if you are adding a new tenant to the lease, you will need to check that they meet the necessary requirements and have the right to rent in the UK.
You should also consider how the changes will affect the rent amount, the length of the lease, and any other terms of the agreement.
Get Professional Advice
Because a deed of variation tenancy agreement is a legal document, it’s important to get professional advice before proceeding. This may involve consulting with a solicitor or using a tenancy agreement service that can help you navigate the process.
By getting professional advice, you can ensure that the deed of variation tenancy agreement is legally valid and that both parties are aware of their rights and responsibilities.
In summary, a deed of variation tenancy agreement can be a useful tool for landlords and tenants who need to make changes to an existing lease agreement. However, it’s important to follow the proper procedure, consider the impact on your tenancy, and get professional advice before proceeding. By doing so, you can ensure that the changes are legally valid and that both parties are protected.