It’s a fact the various terms and conditions mentioned in a Tenancy Agreement can be effectively changed; however, it requires that both the tenant and the landlord must agree upon on these changes.
All the changes that are made by mutual agreement are recorded in a written document. This can be achieved by preparing an entirely new tenancy agreement, or just by making modifications in the existing agreement.
There can be number of reasons to make amendments to a Tenancy Agreement.Here are a few of the most important ones.
- Making Changes in the rent amount e.g. rent increase or decrease.
- Tenant has bought a pet. There can be new terms that need to be included in the agreement for including the liability of pet damage.
- The tenant may want to transfer the tenancy to any other member of his household living with them for more than one year.
- The tenant may decide to modify the tenancy type to a joint tenancy.
Changes can also be made verbally, but it is highly advisable to record everything in written. The reason being; confusion may crop up later on if there is no written record of the agreement. Therefore, it’s a safer practice to record everything in written.
Another important thing to notice is that all the amendments to Tenancy Agreement should be in accordance with Housing Act. There are statutory rights for both tenants and landlords that simply can’t be overwritten. In case of any conflict, the Housing Act will serve as the ruling law.