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Fixed Term rental agreements are strict binding contacts that outline the terms of property rental for a set period of time - usually one year. These leases cannot be terminated until the end of the specified rental period, or unless there is a breach of the lease agreement or certain provisions of the Act itself, as laid out in the "Tenant's ...
The Residential Tenancies Act and Regulations are the laws governing the rental of residential property and leading the relationship between the landlord and their tenants in the province of Alberta. In Alberta, there is no limit to the rent amount landlords are permitted to charge. Rents can only be increased once a year for an existing tenant.
This template will produce the reference for Alberta's municipal codes, citing the latest edition published by Alberta Municipal Affairs. To change the date format from mdy , enter the date parameter into the first parameter.
A residential tenancy agreement in British Columbia is deemed to incorporate the standard terms established by provincial regulations made under the province's Residential Tenancy Act regardless of whether the agreement is in writing. [155] A tenancy agreement may require a deposit of up to half a month's rent [156] and may include a provision ...
A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
A tenant and landlord may sign a letter of intent prior to signing a lease agreement to stipulate rental rates and all regulations of the future tenancy. [ citation needed ] In the solicitation of US government grants, a letter of intent is highly encouraged, but it is not required or binding, and does not enter into the review of a subsequent ...