Lead-Based Paint Disclosure – Form required under Federal Law for all residences constructed prior to 1978. Before 1978, it was common for lead-based paint to be used in the interior of homes. Since then it has been found that lead does not promote brain function and is especially harmful to minor children. If at any time there is chipping or the peeling of lead-paint, it is imperative that the landlord remediate the property as soon as possible.
A: Usually if the tenant does not have a lot of credit history or is particularly young (such as a college student), then the landlord will require a cosigner or guarantor. Requiring a cosigner for the tenant is mainly for the landlord’s protection in case the tenant defaults on the lease.  In case the tenant defaults and cannot pay rent, the cosigner is responsible for paying the amount due to the landlord. The guarantor is usually someone in good financial standing or has excellent credit. Feel free to use a Lease Application in order to require any prospective tenants to undergo a credit check before allowing them to sign a lease agreement.
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.
Who: The parties involved in the contract, the lessor (sometimes called the owner or landlord) and the lessee (sometimes called the renter or tenant) are identified in the contract. A housing lease may specify whether the renter is living alone, with family, children, roommate, visitors. A rental may delineate the rights and obligations of each of these. For example, a "sub-let" to a stranger might not be permitted without permission of the landlord. This also applies to whether or not pets may be kept by the renter. On the other hand, the renter may also have specific rights against intrusions by the landlord (or other tenants), except under emergency circumstances. A renter is in possession of the property, and a landlord would be trespassing upon the renter's rights if entry is made without proper notice and authority (e.g., 24 hours' notice, daytime, knock first, except for emergency repairs, in case of fire, flood, etc.).
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It is recommended for landlords to elect not permitting water filled furnishings on the property due to the potential damage they may cause if they should puncture. Chances are that the amount of damage a waterbed can cause, which is usually between 196 to 235 gallons, would exceed the amount held for the security deposit. Therefore, it is in the landlords best interest to not allow this type of furniture.
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The landlord's obligations are defined by the terms and conditions contained in the lease and the laws specific to where the property is located. The most important obligations of the landlord include providing the tenant access to the property and allowing the tenant peaceful enjoyment of the property. The legal owner of the property also has obligations to maintain the property to minimum standards.
The lease is mutually beneficial. A tenant can't stop paying rent or vacate the property during the lease term — this is a violation of the agreement. Likewise, the landlord can't arbitrarily force the tenant to move. If my sister moves to town, for instance, I can't evict one of my tenants for the sake of giving that space to a family member. The tenant has secured it with a lease. My hands are tied.
Within 30 days of the termination of this lease (and Tenant vacating the Property), Landlord will provide the Tenants with an itemized statement showing any retention of any portions of the Security Deposit amount for the cost of repair or cleaning above and beyond the ordinary wear and tear on the Property or any other sums due to Landlord under this Residential Lease Agreement.  Tenants are not permitted to treat the Security Deposit as payment of any rent payment.

The sample residential lease agreement below describes a contract between “Landlord” Keith Richards and “Tenant” Clara Trueba. She agrees to rent a two bed room, two bathroom apartment in Los Angeles for $2,000 per month for a fixed length of 12 months. The tenant agrees to pay for electricity, gas, water, cable television, and telephone, and the landlord agrees to pay for trash and sewage. This is a good example of what provisions a simple lease agreement might contain, and how one should look in its final form.


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).
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.
The Standard Residential Lease Agreement Template is the most widely used landlord-tenant contract. It is a fixed arrangement usually lasting for a period of one (1) year and both parties shall be bound until the end of its term. The document must follow all State Statutes and contain all disclosures as provided by law. After the form has been agreed to, along with the disclosures attached and security deposit provided by the tenant, the form is ready to be signed by the parties.
A security deposit is a sum of money the tenant pays to the landlord to guarantee that the tenant will fulfill all its obligations under the lease. The landlord holds the security deposit in trust for the term of the lease to ensure that the tenant does not default on the terms of the lease agreement or otherwise damage the property. Should the tenant damage the property (normal "wear and tear" excluded) or if the Tenant has not paid rent, the landlord is entitled to recover the amount owing from the security deposit. Usually the tenant must provide the landlord with the security deposit at the start of the lease term. At the end of the lease term, the tenant will receive the deposit back minus any deductions for repairs/restoration.
Section 1. Subject to the terms and conditions in this Lease Agreement, the Landlord rents to the Tenant, and the Tenant rents from the Landlord, for residential purposes only, the premises located at Condo Address (the “Premises”), together with all the fixtures, appliances, furniture, furnishings and personal property upon or in the Premises set forth or otherwise referred to on Schedule A attached hereto and hereby incorporated into this Lease Agreement (such fixtures, appliances, furniture, furnishings and personal property, collectively the “Furnishings”).

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Depending on where you live, a month to month rental agreement carries a different set of rights and obligations than a 1 year lease agreement. Nolo provides a quick low down on the difference between a rental agreement — usually for a short 30-day period that automatically renews — and a lease agreement — usually longer 6-month or 1 year plus period that ends.
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.

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Because this is a complicated situation, you may wish to contact a qualified lawyer in your jurisdiction, especially if large sums of money are involved. You should inform your landlord immediately of the situation, so it cannot later be claimed that the landlord suffered losses as a result of not knowing that you were not going to move in. You may also wish to contact your local Residential Tenancies Board or government agency who oversees landlord/tenant disputes to find out the extent of your liability, which may or may not be limited by statute.
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A: The pet policy should clearly outline the type of pets that are allowed (if any), how many of each type, and the expected care and cleanliness to be maintained if a tenant will keep a pet on the premises. You can also specify any rules regarding the pet and whether you have the right to change the pet agreement as long as you give proper notice (at least 30 days).
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When the tenant has broken the lease conditions and vacated prior to the expiry of the lease term, the landlord may charge a "rerent levy" to recover their lost rental income and costs associated with finding a new tenant. It is usually only charged when the term of the lease is six months or more, and some jurisdictions do not permit the landlord to charge a rerent levy. The amount charged must be reasonable given the circumstances, and must not exceed the damages that the landlord suffers from the tenant leaving early.
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The information in this pamphlet is intended as a guide for landlords and tenants under the Rental of Residential Property Act. Further information can be obtained at the Office of the Director of Residential Rental Property on the 5th Floor, National Bank Tower, 134 Kent Street, Charlottetown. Copies of the Act and forms can also be obtained at any Access PEI office or online at www.irac.pe.ca/rental. Our telephone number is (902) 892-3501 or 1-800-501-6268.

The chances of a landlord pursuing the matter often depends on the size of the property management company. A landlord with one duplex and a day job might not want to endure the hassle and costs of a day off work as well as the lawyer/paralegal fees. On the other hand, if you have a professional landlord who owns and manages thousands of units, Aaron says they’ve likely got someone dedicated to going after tenants five days a week. “Yours is just another file in their caseload.”


When renting real estate, the person(s) or party who lives in or occupies the real estate is often called a tenant, paying rent to the owner of the property, often called a landlord (or landlady). The real estate rented may be all or part of almost any real estate, 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 all under real estate law.
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Tenancy Agreements: A tenancy agreement is a contract between a landlord and tenant that outlines the terms of the tenancy – it’s an important legal document. These tenancy agreement templates accurately reflect the Residential Tenancy Act and the Manufactured Home Park Tenancy Act, as well as any accompanying regulations. The Residential Tenancy Branch (RTB) does not provide warranties on these templates.
The tenant will have to read their lease as most agreements automatically convert to a month-to-month lease (tenancy-at-will) if there is no termination by either party. In most cases, the landlord will send the tenant a Lease Extension Addendum before the original lease ends to extend the term. The extension will detail the new end date, along with any other changes, while maintaining the rest of the terms of the original lease agreement.
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The landlord can deduct from the security deposit when the tenancy ends and the tenant owes the landlord money for either unpaid rent or damage to the premises. The landlord generally cannot deduct for reasonable "wear and tear" on the premises, (i.e. wear and tear that occurs just from living in the premises). The landlord can deduct for stains on the carpet or countertops, large holes in the wall, and missing appliances and other such things that are beyond reasonable wear and tear.
A rental agreement is a contract, usually written, between the owner of a property and a renter who desires to have temporary possession of the property as distinguished from a lease which is more typically for a fixed term.[1] As a minimum, the agreement identifies the parties, the property, the term of the rental, and the amount of rent for the term. The owner of the property may be referred to as the lessor and the renter as the lessee.
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.

If a landlord fails to provide the Standard Lease within 21 days after a renter has made a request in writing, the renter may: (i) withhold a maximum of one month’s rent; or (ii) give 60 days’ notice to terminate a yearly or fixed-term tenancy early. If the landlord fails to provide the Standard Lease within 30 days after the renter has begun withholding rent, the renter does not have to repay the one month’s rent that was withheld.

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The "Act" refers to the legislation governing residential tenancy agreements in your jurisdiction. After you select the Location of Property when you are filling out the Lease Agreement Details, you will see a link beneath your selection to the governing legislation for the jurisdiction you have selected. It is not necessary to specifically state the name of the "Act" in your contract, as the relevant legislation is satisfactorily identified by the "severability clause" of your lease.
The sample residential lease agreement below describes a contract between “Landlord” Keith Richards and “Tenant” Clara Trueba. She agrees to rent a two bed room, two bathroom apartment in Los Angeles for $2,000 per month for a fixed length of 12 months. The tenant agrees to pay for electricity, gas, water, cable television, and telephone, and the landlord agrees to pay for trash and sewage. This is a good example of what provisions a simple lease agreement might contain, and how one should look in its final form.
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A: In the event the Tenant defaults by any reason other than failing to pay rent (i.e. having a pet if not permitted or breaking any other rule specified in the Agreement), the Landlord may give written notice to the Tenant to terminate the agreement. Specify the number of days’ written notice the Landlord will give to the Tenant before terminating the agreement. The notice period can vary by state so we recommend you check your local laws.

While technically considered an occupant, pets are not a landlord’s best friend. Even if they are allowed on the property, the landlord should state exactly which types are allowed so that an “organic” tenant doesn’t have farm animals on the premises. Furthermore, it’s recommended that the landlord place a maximum weight the animal may be for liability (dangerous dogs tend to be larger) and damage to the premises.

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In addition, some leases may contain penalty clauses whereby the tenant is required to pay "re-rental fees" to cover part of the cost of the landlord having to re-rent the premises. However, the amount of the "re-rental fee" has to be reasonable and must be a pre-estimate of the damages that the Landlord will suffer in having to re-rent the premises early.
In addition to sections that must be completed setting out the relevant lease terms, the Standard Lease contains an appendix containing general information (the “General Information Appendix”) for landlords and renters on rights, responsibilities and unenforceable tenancy conditions. Items that are summarized in the General Information Appendix include, among others, material relating to illegal charges, pets, smoking, and rules governing the ending of a tenancy and evictions.

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A lease with a predetermined end date, usually called a fixed term lease, is when the tenant agrees to rent the property for a certain period of time at a fixed price. This type of lease uses calendar dates to specify the start and end of the lease. At the end of a fixed term lease, the landlord and tenant can sign a new lease with updated dates and information or move on.
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This Agreement, including all attachments (if any), constitutes the entire agreement between the parties supersedes all previous negotiations, agreements and commitments whether written or oral with respect to this tenancy. Any modification of this Agreement shall be in writing and shall be signed by each party. There are no understandings, representations or warranties except as herein expressly set forth and no rights are granted except as expressly set forth herein.
Copyright 2019 Legal Templates LLC. Legal Templates LLC is not a lawyer, or a law firm and does not engage in the practice of law. Legal Templates cannot and does not provide legal advice or legal representation. All information, software and services provided on the site are for informational purposes and self-help only and are not intended to be a substitute for a lawyer or professional legal advice. Use of this site is subject to our Terms of Use.

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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