Authorised Guarantee Agreement (AGA)
- A tenant wanting to be released from an agreement may not always be allowed.
- Sometimes a compromise is the best available option.
- The tenant can assign a tenancy to a third party if permitted.
- The landlord is likely to require the incoming tenant to provide an AGA. This guarantees that the new tenant will be responsible for all rights and more importantly responsibilities
Published: 24 September 2015 Last Updated: 17 November 2021