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Simple Residential Lease Agreement
"I need a Simple Residential Lease Agreement for a one-year term starting March 1, 2025, for my furnished two-bedroom condo in Toronto, with monthly rent of $2,800 including utilities and parking."
1. Parties: Identifies and provides full legal names and contact details of the landlord and tenant(s)
2. Background: Brief context about the lease arrangement and property
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed description of the rental property, including address and what's included
5. Term and Renewal: Specifies the duration of the lease and any renewal options
6. Rent and Payment Terms: Details of rent amount, payment schedule, accepted payment methods, and late payment penalties
7. Security Deposit: Amount, terms, and conditions for the security deposit and its return
8. Utilities and Services: Specifies which utilities are included in rent and which are tenant's responsibility
9. Use of Property: Permitted uses of the property and any restrictions
10. Maintenance and Repairs: Responsibilities of landlord and tenant for property maintenance and repairs
11. Insurance Requirements: Required insurance coverage for both parties
12. Access and Entry Rights: Conditions under which landlord may enter the property
13. Quiet Enjoyment: Tenant's right to peaceful use of the property
14. Assignment and Subletting: Terms regarding subletting or assigning the lease
15. Default and Remedies: Consequences of lease violations and available remedies
16. Termination: Conditions and process for ending the lease
17. Notice Requirements: How and where notices must be delivered
18. Governing Law: Specifies that the agreement is governed by Canadian law and relevant provincial legislation
1. Pet Clause: Include when pets are allowed, specifying restrictions, additional deposits, and responsibilities
2. Smoking Policy: Include when specific smoking restrictions are needed beyond standard regulations
3. Parking: Include when parking spaces are available and assigned
4. Additional Occupants: Include when there are rules about guests or additional occupants
5. Renovations and Alterations: Include when specific permissions or restrictions for property modifications are needed
6. Furnished Property: Include when the property is being rented furnished
7. Yard Maintenance: Include when there is outdoor space requiring maintenance
8. Snow Removal: Include in regions where snow removal responsibility needs to be specified
9. Shared Facilities: Include when there are common areas or shared facilities
10. Short-term Rental Restrictions: Include when there are restrictions on platforms like Airbnb
1. Schedule A - Property Inventory: Detailed list of included furnishings, appliances, and their condition
2. Schedule B - Property Rules and Regulations: Specific rules for the property or building
3. Schedule C - Move-in Inspection Report: Documented condition of property at start of tenancy
4. Schedule D - Maintenance Schedule: Regular maintenance tasks and their frequency
5. Schedule E - Parking Plan: Parking space assignments and regulations if applicable
6. Appendix 1 - Emergency Contacts: List of emergency contacts and important numbers
7. Appendix 2 - Utility Account Information: Details for setting up or transferring utility accounts
8. Appendix 3 - Photo Documentation: Photos of property condition at move-in
Authors
Real Estate
Property Management
Residential Leasing
Legal Services
Housing
Property Investment
Real Estate Development
Property Insurance
Facility Management
Legal
Real Estate Operations
Property Management
Leasing
Compliance
Contract Administration
Tenant Relations
Asset Management
Operations
Risk Management
Property Manager
Leasing Agent
Real Estate Agent
Legal Counsel
Compliance Officer
Housing Coordinator
Tenant Relations Manager
Asset Manager
Property Administrator
Rental Coordinator
Residential Leasing Manager
Real Estate Paralegal
Housing Officer
Property Operations Manager
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