What outlines the terms of rental between a landlord and tenants?

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A tenancy agreement is a legally binding document that outlines the terms and conditions under which a tenant rents property from a landlord. It typically includes essential details such as the duration of the tenancy, the amount of rent due, responsibilities for repairs and maintenance, rules regarding the use of the property, and what happens in the event of a dispute. This clear structure helps establish the rights and responsibilities of both parties, ensuring that both the landlord and tenant have a mutual understanding of their obligations.

While a leasehold does refer to a form of property tenure, it is broader and can encompass the right to occupy land for a set period, but it does not specifically define the rental terms like a tenancy agreement does. A service charge is typically related to costs associated with communal services in rental properties, and an eviction notice is a document served to a tenant to terminate their tenancy but does not outline rental terms. Thus, the tenancy agreement is the most appropriate choice for outlining the rental terms between landlords and tenants.

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