· I. Things that you need to know before signing a Tenancy Agreement or a Lease As an overview, a Tenancy Agreement is a binding legal document which has important … j) Mandatory Terms Implied for every Regulated Tenancy According to Part IVA of the Landlord and Tenant (Consolidation) Ordinance (Cap. 7), the mandatory terms are to be impliedly … The bank, under such circumstances, will become the landlord and is entitled to receive rent from the tenant. If the landlord lets a mortgaged property to a tenant without obtaining the bank's … Both landlady and landlord refer to owners of rented properties who collect rent from tenants and manage rental properties. The main difference between the two words is gender, with landlady …