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Standard Lease Agreement Act

In addition, before the conclusion of the contract, the lessor must put a copy of the rental book. All leases must contain standard terms that protect landlords and tenants and ensure that leases are fair and balanced. These conditions apply even in the absence of a written lease. Additional conditions may not contradict or modify the standard conditions, nor attempt to exclude from the application to the contract any of the legal provisions of ACT law. Additional conditions may be included and the agreement must comply with the Residential Tenancies Act 1997. In addition, there are standard concepts defined by law that define the rights and obligations of landlords and tenants. These include rent increases, the landlord`s access to a unit, repairs and subletting. A usual situation is that the tenant has exclusive ownership of his own room and sharing the kitchen, bathroom and laundry room. By describing in the agreement on which parts of the property the tenant has or does not have exclusive ownership, the rights and obligations of all parties are guaranteed. Both landlords and tenants must sign and date the contract. Landlords must provide a printed copy to their tenants within 21 days of entering into the contract. Be sure to include all standard terms in the rental agreement using these forms: both tenants and landlords should take the time to read the terms of the agreement and this guide before signing the agreement.

Written agreements guarantee the rental agreement and give the guarantee Owners must give each tenant before signing the contract a copy of the proposed contract and standard conditions. The tenant should be given a reasonable period of time to read and understand the terms of the agreement. . . .

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