Check Your Occupation Type – Private
Answer 4 (2):
You will almost certainly have a tenancy.
Some information about tenancies:
A tenancy is a type of lease, one of the two ‘legal interests in land’ which can exist in law (section 1 of the Law of Property Act 1925).
So you will in a sense ‘own’ the property leased for the period of the tenancy. Subject to the rights of your landlord for example to receive your rent and get the property back at the end of the tenancy.
In this website, we tend to refer to short leases of three years or less as tenancies and longer leases (which will mostly have a term of at least seven years or more) as leases.
A tenancy (or lease) can be either for
- a whole property (be it a house or a flat) or for
- just one or two rooms within a property – where the tenant will just have ‘exclusive occupation’ of their bedroom and will share the rest of the house with the others.
In most cases, this is still a tenancy, even if the document signed by the parties describes the letting as a license.
There are different types of tenancies and many rights and obligations for both landlords and tenants which come with a tenancy and information about these make up a large part of the content of this website.
Follow this guide further to find out what sort of tenancy you have.