What are the key terms of a 1 month Lodger licence agreement?
A lodger licence agreement allows a live-in landlord to rent a room in their main home to a lodger. A lodger is an excluded occupier which means that they do not have exclusive possession of their room. As a result, a lodger is not a tenant and has less rights than under an assured shorthold tenancy as they are living in the landlord's main home.
A 1 month lodger licence allows a live-in landlord to rent a room to a lodger for 1 month. During this month the lodger will pay a licence fee either upfront or on a weekly basis. A lodger will be treated as an excluded occupier which means that the landlord has the right to relocated them to a different room in the property or evict them without a court order if the lodger refuses to leave after being served the appropriate notice.
A lodger licence fee can be paid weekly. A lodger and landlord must give each other reasonable notice to terminate the licence which is usually based on the payment frequency. The impact of paying a lodger licence fee weekly is that the landlord and lodger can give each other 1 or 2 weeks' notice to terminate the agreement.
Lodgers usually occupy a room for a short period of time or on a temporary basis which is why licence payments are often paid weekly.
Legislate's lodger licence agreement allows the payment frequency of the licence fee to be weekly, monthly or upfront. Creating a lodger licence agreement with Legislate offers a great experience to your lodger and centralises your documents for compliance purposes.