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Co Tenant Lease Agreement Template for New Zealand

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Key Requirements PROMPT example:

Co Tenant Lease Agreement

"I need a Co-Tenant Lease Agreement for a 4-bedroom property in Wellington that will be shared by five university students, starting from February 1, 2025, with specific clauses about shared utility bills and cleaning responsibilities."

Document background
This Co-Tenant Lease Agreement is essential for situations where multiple tenants wish to share a residential property in New Zealand. It is designed to comply with the Residential Tenancies Act 1986 and subsequent amendments, while addressing the specific needs of shared living arrangements. The document is particularly relevant for residential properties where tenants share common areas and facilities, establishing clear guidelines for rent payment, maintenance responsibilities, and dispute resolution. The agreement includes provisions for joint and several liability, ensuring all co-tenants are collectively responsible for meeting tenancy obligations. It's commonly used in urban areas, student accommodation, and shared housing situations where multiple unrelated individuals occupy the same property.
Suggested Sections

1. Parties: Identifies all parties to the agreement including the landlord and all co-tenants

2. Background: Sets out the context of the agreement, including property details and the intention to create a co-tenancy

3. Definitions: Defines key terms used throughout the agreement

4. Term of Tenancy: Specifies the duration of the tenancy, including start date and whether fixed-term or periodic

5. Rent and Bond: Details the total rent, payment method, due dates, and bond amount

6. Co-Tenants' Joint and Several Liability: Establishes that co-tenants are jointly and severally liable for rent and obligations under the agreement

7. Utilities and Outgoings: Specifies responsibility for utility payments and other ongoing costs

8. Property Care and Maintenance: Outlines tenants' responsibilities for property care and maintenance

9. Landlord's Obligations: Lists all obligations of the landlord under the agreement and relevant legislation

10. House Rules and Quiet Enjoyment: Sets out basic rules for living in the property and ensures quiet enjoyment rights

11. Repairs and Alterations: Procedures for requesting repairs and restrictions on alterations to the property

12. Insurance: Details insurance requirements and responsibilities

13. Access and Inspections: Specifies conditions under which the landlord may access the property

14. Termination: Outlines processes and conditions for ending the tenancy

15. Dispute Resolution: Procedures for resolving disputes between parties

Optional Sections

1. Pets: Required if pets are allowed, specifying conditions and responsibilities

2. Smoking Policy: Include if specific smoking restrictions apply to the property

3. Subletting and Assignment: Include if subletting or assignment rights are granted to tenants

4. Parking: Required if property includes parking spaces or has specific parking arrangements

5. Common Areas: Include for properties with shared facilities or common areas

6. Body Corporate Rules: Required if property is part of a unit title development

7. Rent Review: Include for longer fixed-term tenancies where rent reviews are anticipated

8. Special Conditions: Include when there are property-specific conditions not covered in standard sections

Suggested Schedules

1. Schedule 1: Property Inventory: Detailed list of furniture, fixtures, and fittings provided with the property

2. Schedule 2: Property Condition Report: Detailed description of property condition at the start of tenancy

3. Schedule 3: Rent Payment Schedule: Breakdown of rent payments and payment dates

4. Schedule 4: Utility Division Agreement: Details how utility bills will be divided between co-tenants

5. Appendix A: House Rules: Detailed house rules and protocols for shared living

6. Appendix B: Maintenance Schedule: Regular maintenance tasks and responsibilities

7. Appendix C: Contact Information: Contact details for all parties, including emergency contacts

8. Appendix D: Body Corporate Rules: If applicable, copy of body corporate rules

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions










































Clauses






























Relevant Industries

Residential Real Estate

Property Management

Student Housing

Shared Accommodation

Legal Services

Real Estate Services

Property Investment

Housing Services

Relevant Teams

Legal

Property Management

Residential Leasing

Operations

Compliance

Contract Administration

Customer Relations

Document Control

Housing Services

Risk Management

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Housing Officer

Tenancy Administrator

Compliance Officer

Leasing Manager

Residential Portfolio Manager

Student Housing Coordinator

Property Operations Manager

Tenancy Relations Officer

Contract Administrator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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