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|---|---|---|
| 2015 | 4 Satisfied (24 Votes) |
The rental agreement is made between the landlord and tenant, with specific names and contact information required for both parties.
The agreement can be structured as month-to-month or fixed-term, with clear start and end dates specified.
The tenant must pay rent at a specified rate, with options for payment frequency (weekly, monthly, or term) and methods including postdated cheques.
A security deposit may be required but cannot exceed certain limits based on the rental terms outlined in the agreement.
Both landlords and tenants must provide written notice to terminate the rental agreement within specified timeframes depending on the type of tenancy.
The agreement includes statutory conditions that outline obligations for both landlords and tenants regarding maintenance, repairs, and peaceful enjoyment of the premises.
Tenants are required to comply with reasonable rules set by the landlord regarding use of the premises, provided they receive a copy of these rules upon entering into the agreement.
