As of April 30, 2018, landlords of residential rental property in Ontario will be obligated to use a new government-issued standard lease template (the “Standard Lease”) for all new residential leases. Requirements relating to the Standard Lease are contained in new Section 12.1 of the Residential Tenancies Act, 2006 (the “RTA”) and related regulations.
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Landlord acknowledges that Tenant has a right to allow guests at the Property from time to time. Thus, Tenant may allow guests into the Property for up to fourteen (14) consecutive days without requiring written consent from the Landlord. Guests residing at the Property for longer than fourteen (14) days may only do so with prior written consent from the Landlord.
Negotiating a lease agreement is determined by a multitude of factors starting with market conditions and how the property is priced versus other rentals in the area. The landlord’s goal is to collect as much rent each month as possible while mitigating their risk. If the applicant can represent that they would be a stable tenant, the landlord may give them a discount on the monthly rental amount along with including utilities or services.
The Landlord reserves the right to dispose of any personal belongings left behind by the tenant, and furthermore reserves the right to rent the Property to additional occupants, and hold the Tenant financially responsible for any difference between the monthly rent that would have been paid under this rental agreement, and the rental payment under any additional rental agreements with subsequent Property occupants.
Make sure that every appliance and piece of furniture that is mentioned in the lease exists on the property. If not, at the end of the agreement the landlord will be liable to claim whatever is mentioned in the lease as part of the property. If a move-in checklist is being completed, this is not a huge issue, but the tenant should double-check to ensure that all is included as part of the lease.
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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.
What: Rented real estate may include all or part of almost any real property, such as an apartment, house, building, business office(s) or suite, land, farm, or merely an inside or outside space to park a vehicle, or store things. The premises rented may include not only specific rooms, but also access to other common areas such as off-street parking, basement or attic storage, laundry facility, pool, roof-deck, balconies, etc. The agreement may specify how and when these places may be used, and by whom. There may be detailed description of the current condition of the premises, for comparison with the condition at the time the premises are surrendered.
From the Landlord's perspective, the advantages to this type of lease are that they can sell the property in a slow market and can charge a higher rent than they could using a regular lease. Also, if the buyer does not exercise the option, they get to keep the option deposit. Lastly, because the tenant has a vested interest in the property, they tend take better care of it than they would if they were just ordinary tenants.
The RentQuebecApartments.com (the "Web Site") is an interactive online service through which users may search for rental listings in and obtain information in order to communicate with the proprietors or rental agents of the listed apartments (the "Services"). The Services may be accessed at www.RentQuebecApartments.com. The Services may also be located on or accessible from third party web sites and/or applications.
A: If the housing was built prior to 1978, the lease/rental agreement will contain a disclosure page on lead-based paint and/or lead-based paint hazards. There is a federally approved disclosure form (“Disclosure of Information on Lead-Based Paint and/or Lead Based Paint Hazards”) and information pamphlet (“Protect Your Family From Lead In Your Home”) that you can download.
Under the Rental of Residential Property Act, a landlord is not responsible for damages to a tenant's personal property. If a tenant wishes to be compensated for losses or damages to their personal belongings, the tenant should obtain tenant insurance. If a tenant believes he has a cause of action against the landlord for personal injury and/or damages to personal property, the tenant may pursue the matter in the Supreme Court of Prince Edward Island.
In contrast to a verbal, spoken, or oral agreement, an agreement in writing clearly spells out the detailed promises between the Landlord and Tenant and also explains what should happen if they break their promises to each other. If you’re planning on running a landlord business professionally, keep in mind that these promises carry the full weight of the law — avoid making these 7 major mistakes that could spell the end your business.
If the house is subject to any Covenants, Conditions and Restrictions (CC&Rs), HOA agreements, or other similar instruments, copies of such documents should be given to tenant prior to the parties signing the rental agreement. If the house was built before 1978, the Lead-Based Paint Disclosure and Pamphlet (available at www.epa.gov) should be given to tenant prior to the parties signing the rental agreement. If the house was built in 1978 or later, the second paragraph of Section 6 can be deleted from the rental agreement.
The landlord may not change the terms of the lease during the lease period (whether a week, a month, or a year). If the landlord tries to change the terms of the lease for the next period, the tenant has 2 options. The tenant may either accept the changes and continue to live at the premises, which will then renew the lease on the new terms, or give proper statutory notice to terminate the lease.
In addition to the above, a car rental agreement may include various restrictions on the way a renter can use a car, and the condition in which it must be returned. For example, some rentals cannot be driven off-road, or out of the country, or towing a trailer, without specific permission. In New Zealand you may have to specifically endorse a promise that the car will not be driven onto Ninety-mile Beach (because of the hazardous tides).
MCW shall not be responsible in case of delay in delivery. No shipments will be initiated between Friday afternoon and Sunday evening, as well as Canadian Statutory Holidays. Ownership of and risk to the goods is transferred from MCW to you when goods are received by the carrier. Goods travel at your own risk. You must check the state of the package when delivered, and you must report any damages to the carrier on the delivery sheet as well as to MCW within 5 (five) business days from receipt.
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No refund will be issued to the CLIENT or any person connected with any advertisement being the subject of a publication on the Website of RENTQUEBECAPARTMENTS.COM or RENTQUEBECAPARTMENTS.COM MAGAZINE, and that is even if the good is rented or if the advertisement relating to the good is no longer required and/or needed by the CLIENT, before the end of the period of publication engaged of the advertisement.
immediately notify the manager of the buildings of which the Premises is a part of in person, by office telephone at Condo Office Phone Number, or by emailing Condo Office Email Address, and thereafter the Landlord by cellular telephone at Owner Phone, of any emergencies, dangerous conditions or defects in and about the Premises or Furnishings of which either Tenant becomes aware
The length of time of a lease agreement is identified as one of the requirements of the contract. A lease agreement can be created for month-to-month leasing, six months, one year or more. Lease agreements are not required to be the same set amount of time. At the end of the current lease (fixed term) the landlord may wish to extend the lease to the tenant, as a lease agreement does not automatically renew, unlike a rental agreement. The current lease agreement will need to be amended or a new legally binding agreement can also be signed.
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