How do I write a tenancy agreement in Ghana?
Tenancy Agreement in Ghana Format
- Identification of the premises.
- Agreement to rent.
- Term of tenancy.
- Inability to take or deliver possession of Rental Property.
- Monthly rent payments.
- Late fees.
- Returned check fees.
- Limitations on use of the premises.
How many months notice should a landlord give in Ghana?
No landlord of any premises shall serve a notice to quit on a tenant of such premises within two years from the date of any assessment, order or decision of the appropriate Rent Officer from which there has been no appeal or of the appropriate Rent Magistrate or of any other Judge of a court of competent jurisdiction.
What should be included in tenancy agreement?
What should be in a tenancy agreement
- the names of all people involved.
- the rental price and how it’s paid.
- information on how and when the rent will be reviewed.
- the deposit amount and how it will be protected.
- details of when the deposit can be fully or partly withheld (for example to repair damage you’ve caused)
Does a tenancy agreement need to be witnessed?
Therefore using a simple example of a tenancy for greater than 3 years, the tenancy agreement would have to say that it is being made as a deed prominently and also that it’s being signed as a deed. In addition, the signatures of the parties must be witnessed.
How much rent increase is allowed in Ghana?
Rent may be increased only once annually and the increase cannot exceed the greater of 5% of existing rent, or 70% of the regional Consumer Price Index (CPI). The landlord can always increase rent with tenant’s written consent.
How long does a tenant have to move out in Ghana?
three months
There are also rent control laws in Ghana to regulate the eviction of tenants by landlords. This Act procures the tenant a period of time to search for accommodation while he/she is being evicted; this is normally three months.
What makes a tenancy agreement valid?
A tenancy agreement is a legally binding document as soon as it has been signed by all of the relevant parties. Usually, this is the tenant and the landlord, though it may also include a guarantor if the rental requires one.
How long does a tenancy agreement last?
In most cases, the tenancy agreement will be for a period of one year. When a tenancy agreement includes a start and end date it is a fixed term tenancy. You have to stick to the terms of your tenancy agreement for the full period of time which it covers.
What are the requirements of a tenancy agreement?
All tenancy agreements should state the parties involved, the rental price, any deposit retained by the landlord, the property address, the start and end date of the tenancy, and the obligations of the tenant and the landlord. It is important that both parties are fully aware of what is included in the agreement.
How to write a tenancy agreement in Ghana?
However, in writing a tenancy agreement in Ghana, you need to include all the necessary information as stated above. It should also be written in a language that both parties can easily understand. This is to eliminate any form of distrust or conflict in the nearest future.
What do you need to know about a tenancy agreement?
A tenancy agreement is a contractual arrangement between a tenant and a landlord or landlady. The contract stipulates the roles of each party concerning a residential or commercial property leased or rented out. The agreement should identify the parties, the terms of rental, the properties and the amount provided for the rent.
What happens if you err when signing a rental agreement in Ghana?
So if you err, that means the law will be applied whenever needed. The possibility of facing a legal action explains why you should take your time to go through a rental agreement in Ghana. Not only that, make sure you understand what is written therein before signing. For your tenancy agreement to be binding, you need to include:
What is the law of rent in Ghana?
The Ghana rent law, for instance, states that a renter should take care of the landlord’s property and pay all utility bills. Furthermore, any destruction or alteration of the property is punishable by law. On the other hand, the lessee has protection against unlawful eviction.