The lease or rental contract terms are made to protect the landlords as well as the tenants in accordance with the laws of Ontario. They cover various elements of the rental property, like: responsibility for payment of utility bills, repairs, maintenance work, resident’s compliance with condominium building by-laws, unit and tenant’s content insurance, smoking and pet policy, rent increase, making the unit available for showings to the next tenants or buyers at the end of the lease term etc.
What are the rental contract terms?
About the Author: Amit Kalia
Amit is a full time local REALTOR® since 2003. Currently he is with RE/MAX Real Estate Brokerage Inc. in Mississauga. RE/MAX is Canada's #1 real estate company. He is supported by a very strong Sales and Marketing team. Together with his team, Amit has been serving property sellers, first time buyers, real estate investors, landlords, renters, new immigrants to Canada and non-residents. Amit and his team specialize in Square One condos and also work in many other Mississauga neighbourhoods. Team Amit Kalia offers a 30 Days Sold Guarantee to Sellers. Amit's team also provides exclusive A La Carte property management services for their investor clients and landlords.