Do you need a lease for your province or territory? Not only do we have the right forms with the right language, but we will also guide you through the laws of your province. If the person you are subletting to does not pay the rent or causes damage to the rental unit, you are liable. A lease is advantageous for many reasons. It clarifies the obligations of both parties in a housing rental agreement, so that each person knows what is expected of them during the lease. For example, the tenant may be responsible for paying the rent on the first of each month, while the lessor is expected to keep the property in good condition (dealing with major repairs such as leaks or health problems). A rental agreement also protects both parties from future misunderstandings, for example who arises for damage to the rental property. The written lease proves that both parties have recognized and acknowledged the terms agreed upon therein. Beware of rental fraud. In general, if a chord sounds too good to be true, it`s likely. Depending on what covers your lease or lease, you may also have to pay for it: if 2 or more tenants sign the same lease, each is also responsible for payments and damages. If each of you signs separate lease agreements, you are only responsible for what is in your own written agreement. Millions of homeowners in Canada and the United States have trusted EZLandlordForms to provide them with the tools to become professional owners.
It all started more than 10 years ago with the launch of a website to create rental agreements and rental forms for homeowners and home managers. Try our many FREE forms as well as our free paperless rental app. Our mission is to help homeowners make more money and succeed – and smoothly complete the entire property management process. Thank you for having us on your home management team! Tenant: A tenant is the party who agrees to pay for a fixed term, as stated in the residential rental agreement, to live in the rented premises. Both landlords and tenants must sign and date the contract. Landlords must provide a printed copy to their tenants within 21 days of entering into the contract. If a tenant rents the prefabricated house himself – then the standard housing rental agreement applies….