Additionally, the template addresses the "diplomatic clause" or "re-entry" clause with precision. This allows for the termination of the lease under specific conditions (such as a tenant’s relocation for work), providing an exit strategy that is equitable for both parties. Without such a standardized clause, tenants may feel trapped, or landlords may face sudden, unmitigated vacancies.
This Exclusive Tenancy Agreement ("Agreement") is made on [DATE] ("Effective Date") by and between: propnex tenancy agreement template exclusive