Free Rental/Lease Agreement

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Rental/Lease Agreement

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RESIDENTIAL LEASE AGREEMENT

THIS LEASE (the "Lease") dated this

BETWEEN:

_________________________

(the "Landlord")

- AND-

_________________________

(the "Tenant")

(individually the “Party” and collectively the “Parties”)

IN CONSIDERATION OF the Landlord leasing certain premises to the Tenant and other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, the Parties agree as follows:

  1. Leased Property
  2. The Landlord agrees to rent to the Tenant the house, municipally described as ______________________, ______________________, Alberta  __________ (the "Property"), for use as residential premises only.  
  3. No guests of the Tenants may occupy the Property for longer than one week without the prior written consent of the Landlord.
  4. No animals are allowed to be kept in or about the Property without the revocable written permission of the Landlord.
  5. Subject to the provisions of this Lease, the Tenant is entitled to the use of parking on or about the Property.
  6. The Tenant and members of Tenant's household will not smoke anywhere in the Property nor permit any guests or visitors to smoke in the Property.
  7. Term
  8. The term of the Lease commences at 12:00 noon on September 24, 2018 and ends at 12:00 noon on September 24, 2018.
  9. Rent
  10. Subject to the provisions of this Lease, the rent for the Property is $___________ per month (the "Rent").
  11. The Tenant will pay the Rent on or before the ____________________ of each and every month of the term of this Lease to the Landlord at ______________________, ______________, ______________________ __________ or at such other place as the Landlord may later designate by cash or cheque.
  12. Tenant Improvements
  13. The Tenant will obtain written permission from the Landlord before doing any of the following:
    1. applying adhesive materials, or inserting nails or hooks in walls or ceilings other than two small picture hooks per wall;
    2. painting, wallpapering, redecorating or in any way significantly altering the appearance of the Property;
    3. removing or adding walls, or performing any structural alterations;
    4. installing a waterbed(s);
    5. changing the amount of heat or power normally used on the Property as well as installing additional electrical wiring or heating units;
    6. placing or exposing or allowing to be placed or exposed anywhere inside or outside the Property any placard, notice or sign for advertising or any other purpose; or
    7. affixing to or erecting upon or near the Property any radio or TV antenna or tower.
  14. Insurance
  15. The Tenant is hereby advised and understands that the personal property of the Tenant is not insured by the Landlord for either damage or loss, and the Landlord assumes no liability for any such loss.
  16. Attorney Fees
  17. In the event that any action is filed in relation to this Lease, the unsuccessful Party in the action will pay to the successful Party, in addition to all the sums that either Party may be called on to pay, a reasonable sum for the successful Party's attorney fees.
  18. Governing Law
  19. This Lease will be construed in accordance with and exclusively governed by the laws of the Province of Alberta.
  20. Severability
  21. If there is a conflict between any provision of this Lease and the Act, the Act will prevail and such provisions of the Lease will be amended or deleted as necessary in order to comply with the Act. Further, any provisions that are required by the Act are incorporated into this Lease.
  22. The invalidity or unenforceability of any provisions of this Lease will not affect the validity or enforceability of any other provision of this Lease.  Such other provisions remain in full force and effect.
  23. Amendment of Lease
  24. This Lease may only be amended or modified by a written document executed by the Parties.
  25. Assignment and Subletting
  26. The Tenant will not assign this Lease, or sublet or grant any concession or licence to use the Property or any part of the Property. Any assignment, subletting, concession, or licence, whether by operation of law or otherwise, will be void and will, at Landlord's option, terminate this Lease.
  27. Damage to Property
  28. If the Property should be damaged other than by the Tenant's negligence or willful act or that of the Tenant's employee, family, agent, or visitor and the Landlord decides not to rebuild or repair the Property, the Landlord may end this Lease by giving appropriate notice.
  29. Care and Use of Property
  30. The Tenant will promptly notify the Landlord of any damage, or of any situation that may significantly interfere with the normal use of the Property or to any furnishings supplied by the Landlord.
  31. The Tenant will not engage in any illegal trade or activity on or about the Property.
  32. The Parties will comply with standards of health, sanitation, fire, housing and safety as required by law.
  33. The Parties will use reasonable efforts to maintain the Property in such a condition as to prevent the accumulation of moisture and the growth of mold. The Tenant will promptly notify the Landlord in writing of any moisture accumulation that occurs or of any visible evidence of mold discovered by the Tenant. The Landlord will promptly respond to any such written notices from the Tenant.
  34. If the Tenant is absent from the Property and the Property is unoccupied for a period of 4 consecutive days or longer, the Tenant will arrange for regular inspection by a competent person. The Landlord will be notified in advance as to the name, address and phone number of the person doing the inspections.
  35. At the expiration of the term of this Lease, the Tenant will quit and surrender the Property in as good a state and condition as they were at the commencement of this Lease, reasonable use and wear and tear excepted.
  36. Rules and Regulations
  37. The Tenant will obey all rules and regulations of the Landlord regarding the Property.
  38. Address for Notice
  39. For any matter relating to this tenancy, the Tenant may be contacted at the Property or through the phone number below:
    1. Name: _________________________
    2. Phone:  _________________________
  40. For any matter relating to this tenancy, whether during or after this tenancy has been terminated, the Landlord's address for notice is:
    1. Name: _________________________
    2. Address: ______________________, ______________, ______________________ __________

      The contact information for the Landlord is:

    3. Phone:  _________________________
  41. General Provisions
  42. All monetary amounts stated or referred to in this Lease are based in the Canadian dollar.
  43. Any waiver by the Landlord of any failure by the Tenant to perform or observe the provisions of this Lease will not operate as a waiver of the Landlord's rights under this Lease in respect of any subsequent defaults, breaches or non-performance and will not defeat or affect in any way the Landlord's rights in respect of any subsequent default or breach.
  44. This Lease will extend to and be binding upon and inure to the benefit of the respective heirs, executors, administrators, successors and assigns, as the case may be, of each Party. All covenants are to be construed as conditions of this Lease.
  45. All sums payable by the Tenant to the Landlord pursuant to any provision of this Lease will be deemed to be additional rent and will be recovered by the Landlord as rental arrears.
  46. Where there is more than one Tenant executing this Lease, all Tenants are jointly and severally liable for each other's acts, omissions and liabilities pursuant to this Lease.
  47. Locks may not be added or changed without the prior written agreement of both Parties, or unless the changes are made in compliance with the Act.
  48. The Tenant will be charged an additional amount of $__________ for each N.S.F. cheque or cheques returned by the Tenant's financial institution.
  49. Headings are inserted for the convenience of the Parties only and are not to be considered when interpreting this Lease. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.
  50. This Lease may be executed in counterparts. Facsimile signatures are binding and are considered to be original signatures.
  51. This Lease constitutes the entire agreement between the Parties.
  52. During the last 30 days of this Lease, the Landlord or the Landlord's agents will have the privilege of displaying the usual 'For Sale' or 'For Rent' or 'Vacancy' signs on the Property.
  53. Time is of the essence in this Lease.

IN WITNESS WHEREOF _________________________ and _________________________ have duly affixed their signatures on this .

 

_______________________________
______________________(Landlord)

 

_______________________________
______________________(Tenant)

The Tenant acknowledges receiving a duplicate copy of this Lease signed by the Tenant and the Landlord on the _____ day of ______________________, 20____.

 

_______________________________
______________________(Tenant)

Residential Rental Agreement

Alternate Names:

A Residential Rental Agreement is also referred to as a:

  • Lease
  • Rental Contract
  • Tenancy Agreement
  • Residential Lease

What is a Rental Agreement?

A Rental Agreement (lease) is a contract between a landlord and tenant that is used to set out the terms of a residential tenancy. A lease can be used when renting a room, house, apartment, condo, basement suite, duplex, or town home.

You can create and customize this Rental Agreement for any residential property within Canada, including all provinces and territories.

Who are the parties in a Rental Agreement?

  • Landlord: A landlord is the individual who is renting out his or her residential property in exchange for rent payments.
  • Tenant: A tenant is the party who agrees to pay to live in the leased premises for a specific amount of time as indicated in the Rental Agreement.

Who should use a Rental Agreement?

Anyone who is renting residential space to or from another party should use a lease to outline the rights and responsibilities of both the tenant and the landlord during the tenancy.

This may include:

  • Landlords who are renting out property to a tenant
  • Property managers or real estate investors with multiple properties and tenants to manage
  • An individual who is renting a room to a friend or family member
  • A tenant whose landlord did not provide them with a lease

What is included in a Rental Agreement?

A Rental Agreement should include:

  • Landlord, Tenant, and Property Information: contact information for both parties, as well as a description of the rental property
  • Lease Length: how long the tenancy will be, including whether it will automatically renew (continue until either party gives notice) or if it is a fixed term (will expire on a predetermined date), and notice details
  • Rent Price: how much the rent price will be per month (and if utilities are included), late payment fees, and pet and/or damage deposit details
  • Permissions: whether the landlord will permit certain things, such as smoking, pets, home businesses, or improvements to the rental property
  • Rules and Responsibilities: the responsibilities for the tenant and landlord, such as care and maintenance of the property, and overall expectations from both parties during the course of the lease period
  • Other Details: other lease details like an option to purchase (rent-to-own), guest rules, governing law, assignment and subletting terms, safety requirements, insurance, environmental disclosures, and more

Why should I use a Rental Agreement?

A lease agreement is beneficial for many reasons. It clarifies the obligations of both parties during a residential tenancy so each person knows what is expected of them during the rental relationship. For example, the tenant may be responsible for paying rent on the first of every month, while the landlord is expected to keep the property in good condition.

A Rental Agreement also protects both parties from future misunderstandings, such as who pays for damage to the rental property. The written lease proves both parties agreed to and acknowledged the terms within it.

Forms Related to a Rental Agreement:

Frequently Asked Questions:

Residential Lease Agreement FAQ
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