The Rental Agreement

The Rental Agreement
     

  • The Rental Agreement, also referred to as a ‘Lease Agreement’, is a written or verbal contract that sets out the terms and conditions of the tenancy and the obligations of both the landlord and tenant.
     

  • It states information about the length of time you are renting for, the rental rate, what is included in the costs, rent increases, permission to enter the unit, repairs, rules about pets and smoking, lease renewals, etc.
     

  • Rental agreements, whether oral or written, define the legal rights and responsibilities for both the landlord and the tenant. This is important when conflicts develop between the landlord and tenant.
     

  • Most rental agreements are signed for a period of 1 year (12 months). If you decide to move out earlier, you may be required to pay for the remainder of the lease, or find another individual to sublet the unit for the remaining period (with the landlord’s approval). Discuss the terms of your lease with your landlord.

What to Expect

Is a Signed Lease Required?

Do I need a co-signer or guarantor?

Rules about pets and smoking


DID YOU KNOW?
 
As of 2010, smoking in Canada is banned in indoor public spaces (including workplaces, restaurants, bars and casinos). In Toronto, the Municipal Code prohibits smoking within 9 meters of a public building.
 
You can read about other commonly-asked questions on Settlement.org and the CHMC website.