The Tenant acknowledges that the Landlord’s property insurance does not cover the Tenant’s personal property. The Landlord accepts no liability for damage or loss to the Tenant’s personal property for any reason. The Tenant acknlowledges their responsibility to obtain appropriate Renters’ Insurance to protect the value of their personal belongings.
A Residential Lease Agreement should be used when leasing any kind of livable property to a tenant which may include a house, apartment, room, condo, mobile home or some other type of habitable property. It’s very important to use a lease to minimize disputes and if ever a problem results in the need for court, such as an eviction, a lease is needed in order for either party to win their case, especially the landlord.
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Only tenants and people listed as occupants may reside in the premises. The landlord must be informed and approve of any change to the list of permitted tenants. Children born or adopted while the tenant lives in the premises are automatically added to the lease as occupants. Also, each jurisdiction may restrict the number of tenants/occupants in the premises if that number violates health or safety standards for housing. Health and safety standards are typically expressed as 1 person per X sq. ft. The standard varies from jurisdiction to jurisdiction so if you are concerned, check with your local housing/public health authority.
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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.
Prior to moving in, the tenant and the landlord should walk through the premises and write down any existing damage. This written account is called an inspection report. The landlord and tenant should both get a copy of this report. In some jurisdictions, an inspection report is also required upon moving out, as a condition for the landlord to make a claim against the tenant's security deposit.
RENTQUEBECAPARTMENTS.COM commercial client’s subscription is effective for a period of one year, subject to the payment of the annual yearly listing fee per property. The listing will be automatically renewed for a period of one year, at the same rates, unless the client notifies RENTQUEBECAPARTMENTS.COM of his intention to remove the listing 30 days or more before it is set to expire. Should we decide to amend the applicable fees, CLIENTS’ approval is required prior to the automatic renewal.
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.