A rental agreement can be written, verbal or implied. Since the rental agreement is the most important part of a landlord and tenant relationship, it should be in writing. The advantage of a written agreement is that it outlines the terms and conditions agreed to by both parties. Once the landlord and tenant agree to the terms and conditions of their contract, it cannot be changed unless both parties agree.
A Residential Lease Agreement is a lease agreement that is specific to residential rental properties and is used to outline the terms and conditions of a tenancy, including the rights and obligations of the landlord and tenant. It can be used for various types of residential properties, including apartments, houses, condos, duplexes, townhouses, and more.
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.
Section 4. On signing this Lease Agreement, the Tenant will pay to the Landlord the sum of $Security Depositas a security deposit for the performance by the Tenant of the terms of this Lease Agreement. The Tenant may not apply the security deposit to the last month’s rent or to any other sum due under the Lease Agreement. Within 15 days after Tenant has vacated the Premises, returned the Furnishings and keys, and provided the Landlord with a forwarding address, the Landlord will return to Tenants the $Security Deposit deposit that Tenant delivered to Landlord. In the event of damage other than ordinary wear and tear to the Premises, the Furnishings, or the buildings and its furnishings of which the Premises are a part of the Landlord shall not be limited to this security deposit fund and the Tenants remain liable.
When you've taken the time to read through the lease thoroughly (don't let the landlord rush you!), check to see that the lease mentions which province will regulate this agreement. Then validate the document with the date and your name and signature (make sure the landlord signs it too!). Keep a copy for your files, and don't hand any money over until you actually sign the lease.
Otherwise known as the “landlord” and “tenant”, decide who will be named in the lease. This is an important question that is asked to tenants that will be living together such as those in a romantic relationship. A general rule is if the rent can only be supported by both persons’ incomes, then it’s advised that both individuals are named as tenants.
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If you are planning to sublet your place its important to know that you remain entirely responsible for the obligations of the lease. That said, you can draw up a sublease form by using a standard lease form and fill it out as the landlord. Let your landlord know you are planning to sublet your place and notify them of your sub-tenant nomination. They are allowed to refused the sub-tenant provided they offer serious explanations. A sublet is a sublet (versus assigning a lease) only if you expect to return afterwards.
You must provide proper notice to the landlord that you do not intend to renew the lease, before the lease expires. Notice must be given a certain amount of time before the lease expires, as dictated by statute in your jurisdiction. This amount of time is called the "notice period". Typically, the notice period is one month for leases with a term of one month or less, and two or three months for leases with a term of more than one month, but this will vary according to the jurisdiction. You should consult the governing statute for the jurisdiction the property is located in to find out the required notice period for your lease.

This Apartment Lease Agreement (the “Lease Agreement”) is entered into between Renter Name (referred to throughout this Lease Agreement as the “Tenant”) and Owner Name (the “Landlord”) as of the later date executed between the Tenant and the Landlord on the signature page hereto. The Landlord desires to lease the Premises and Furnishings (as defined below in Section 1) to the Tenant, and the Tenant desires to acquire for lease the Premises and Furnishings (as defined below in Section 1).
Section 16. The Tenant acknowledges that the premises has been inspected. Tenant acknowledge that said premises have been cleaned and all items, fixtures, appliances, and appurtenances are in complete working order. The Tenant promise to keep the premises in a neat and sanitary condition and to immediately reimburse the Landlord for any sums necessary to repair any item, fixture or appurtenance that needed service due to Tenants’, or Tenants’ invitee, misuse or negligence.

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An option to purchase refers to a lease which allows the tenant to buy the property at an agreed price during the lease term. Usually the tenant pays the landlord a non-refundable option deposit and in exchange the tenant has the exclusive right to buy the property from the landlord. The tenant is given only a certain amount of time to exercise the option. If the Tenant takes advantage of the option, the Tenant's option deposit will go towards the purchase price of the property. If the Tenant does not take advantage of the option, the Landlord will get to keep the deposit and neither party will have any rights or claims against each other concerning the option.

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The Standard Lease applies to most residential tenancies in Ontario, including leases of condominiums, single-family homes and units in apartment buildings. The Standard Lease does not apply to commercial properties, residential sub-tenancies, as well as tenancies involving student residences, retirement homes, land lease communities and other property types that are exempt from the RTA. However, the Ontario government announced that it is also working on standard form leases for some of the foregoing exempt classes of residential tenancies. There is no estimated publication date for these additional standard lease forms.
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Alberta doesn’t have standard leases or residential tenancy agreement forms. This means that the landlord and the tenant can make up their own agreements, or they can use forms available from organizations across Alberta that develop them. Landlords and tenants should make sure that they are using an agreement that has been developed for Alberta, as each province has different renting laws.
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A rental agreement is often called a lease, especially when real estate is rented. In addition to the basics of a rental (who, what, when, how much), a real estate rental may go into much more detail on these and other issues. The real estate may be rented for housing, parking a vehicle(s), storage, business, agricultural, institutional, or government use, or other reasons.
The Ontario government is requiring all landlords to use a standard lease template for all new leases beginning April 30, 2018. Lawyers are encouraged to make themselves familiar with the terms of this new lease so they can advise clients of their obligations and rights under the new lease. The information below is taken from the Government of Ontario website at https://www.ontario.ca/page/renting-ontario-your-rights. The official page containing the standard lease template is at http://www.mah.gov.on.ca/Page18704.aspx.
The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals. Some non-real properties commonly available for rent or lease are:
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