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Current Version of Co-Tenancy Agreement
CO-TENANCY AGREEMENT
THIS CO-TENANCY AGREEMENT (the "Agreement") is entered into as of _DATE_ (the "Effective Date"), by and between:
PARTIES:
1. [CO_TENANT_1_NAME], having a principal place of residence at [CO_TENANT_1_ADDRESS] ("Co-Tenant 1"), and
2. [CO_TENANT_2_NAME], having a principal place of residence at [CO_TENANT_2_ADDRESS] ("Co-Tenant 2"), collectively referred to as the "Co-Tenants."
BACKGROUND:
WHEREAS, the Co-Tenants desire to enter into a co-tenancy arrangement for the residential property located at [PROPERTY_ADDRESS] (the "Property"); and
WHEREAS, the Co-Tenants are desirous of defining their respective rights and obligations with respect to the use and occupancy of the Property.
NOW, THEREFORE, in consideration of the premises and covenants contained herein, the Co-Tenants agree as follows:
1. TERM: The term of this Agreement shall commence on the Effective Date and shall continue on a month-to-month basis until terminated by either Co-Tenant upon [LENGTH_NOT
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