Shorthold Tenancy Agreement

This Shorthold Tenancy Agreement ("Agreement") is made and entered into on June 12, 2050, between [Landlord's Name], hereinafter referred to as the "Landlord," and [Tenant's Name], hereinafter referred to as the "Tenant."

1. Property Information:

The property that is being referred to in this particular Agreement is situated at the address 230 Broadway Avenue, Chattanooga, TN 37415. Notably, this also encompasses all fixtures, fittings, as well as furnishings that have been supplied and provided for by the Landlord.

2. Term of Tenancy:

The designated term for the effectiveness of this agreement concerning the tenancy is established to initiate or begin on the specific date of the 12th day in June, during the particular year of 2050.

This tenancy agreement is intended to remain in effect and enforceable for a pre-determined period. The precise length of this tenancy, more specifically known as the "Duration of Tenancy", will be explicitly specified within the contractual agreement.

However, this agreement can be terminated before the expiration of the fixed term if it is done so according to the rules, stipulations, and terms that have been outlined in this agreement.

3. Rent:

The individual who is in the position of the tenant has agreed to remit a monthly rent of sixty dollars, and this payment should be made before each monthly term, with the first payment expected to be paid in advance on the 30th of July in the year 2050.

The method of payment that the tenant will use to pay the rent will be specified in this agreement as [Payment Method].

It is understood that this payment, and subsequent rent payments will be paid directly to the individual known as the landlord or it can be paid to an agent that the landlord specifically designates to collect the rent.

4. Deposit:

Following the completion of the execution or implementation of this Agreement, it becomes a requirement for the Tenant to deposit a sum equivalent to the stipulated "Deposit Amount."
The purpose of this deposit is to serve as a security measure to ensure the Tenant's adherence to their obligations as detailed in this Agreement. Under lawful provision related to tenancy deposit protection, this deposited sum will be held and managed.

5. Permitted Use:

The individual or party occupying the property, referred to as the Tenant, is restricted to utilizing the said property exclusively for purposes of residence.
The Tenant is explicitly prohibited from initiating or undertaking any trade, business, or professional activities on the assigned premises.
Any intentions contrary to this stipulated condition by the Tenant necessitate acquiring a written authorization or agreement from the property owner or Landlord before commencement. These restrictions and requirements are set in place to ensure the optimal condition and maintenance of the property.

6. Maintenance and Repairs:

It will be the responsibility of the Landlord to see to the upkeep and maintenance of the structure of the Property as well as its exterior.
On the other hand, the Tenant will hold the responsibility for ensuring that the interior part of the Property is kept in good condition.
However, it is necessary to note that the Tenant's responsibility excludes any wear and tear that could be reasonably expected from fair use of the Property.

7. Utilities and Services:

During the period of the tenancy, the tenant is expected to take full responsibility for the payment of all utilities and services that are utilized on the property.
This responsibility involves a range of utilities and services; however, it is important to note that the scope of this responsibility is not solely restricted to these elements, but could potentially extend to other areas as well.
The utilities and services for which the tenant will be accountable include electricity, gas, water, and internet services among others. This encompasses all services and utilities that are consumed on the property during the tenure of the tenant's stay, as per the agreement.

8. Termination:

This Agreement may be terminated by either the Tenant or the Landlord, provided they give written notice to the other party during the specified Notice Period.
Following the termination of this Agreement, it is expected that the Tenant will vacate the rented Property. In addition, the Tenant is required to return possession of the Property to the Landlord.
This return of possession should see the Property in essentially the same condition as when it was first received by the Tenant, with allowances made for normal, fair use wear and tear.

9. Governing Law:

This Agreement shall be governed by and construed under the laws of [Jurisdiction], and any disputes arising hereunder shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

[Landlord's Name]

[Date Signed]

[Tenant's Name]

[Date Signed]