Changing the name on a tenancy agreement can be a bit daunting, but it is a simple process if you follow the right steps. Whether you are a tenant looking to add or remove a name from your tenancy agreement, or a landlord dealing with a change in tenancy, OpenRent makes it easy to manage your tenancy agreements.

Here`s a step-by-step guide on how to change the name on a tenancy agreement with OpenRent:

Step 1: Contact Your Landlord

If you are a tenant looking to change the name on your tenancy agreement, you need to inform your landlord first. Discuss the reasons for the change and make sure your landlord agrees to it before proceeding further.

Step 2: Draft a Deed of Assignment

A deed of assignment is a document that formally transfers the rights and responsibilities of a tenancy agreement from one person to another. You can easily download a template from OpenRent`s website and fill in the relevant details.

Step 3: Sign the Deed of Assignment

Once the deed of assignment is drafted, both parties (the existing and new tenants) need to sign it. The landlord also needs to sign it to acknowledge the change.

Step 4: Submit the Deed of Assignment

Once the deed of assignment is signed, it needs to be submitted to OpenRent for processing. Make sure to attach any relevant documents, such as proof of identity for the new tenant.

Step 5: Wait for Confirmation

Once the deed of assignment is processed, OpenRent will send confirmation to all parties involved. The new tenant will now be added to the tenancy agreement, and the previous tenant may be removed if necessary.

It`s important to note that there may be additional fees involved with changing the name on a tenancy agreement, such as admin fees or referencing fees for the new tenant. Make sure to discuss these with your landlord before proceeding with the change.

In conclusion, changing the name on a tenancy agreement with OpenRent is a simple process if you follow the right steps. By informing your landlord, drafting a deed of assignment, and submitting it to OpenRent for processing, you can easily add or remove names on a tenancy agreement.