If you`re a tenant or a landlord in Alberta, Canada, it`s important to have a house rental agreement in place. This document outlines the terms of the lease and helps protect both parties in case of any disputes. In this article, we`ll cover the basics of a house rental agreement in Alberta and what you should include.
1. Names of the parties: The rental agreement should state the names of the landlord and tenant. This helps avoid any confusion about who is responsible for what.
2. Property details: Include the address of the rental property, the type of property (e.g. apartment, house, duplex), and any amenities that are included (e.g. parking, utilities, furniture).
3. Rent: Clearly state the amount of rent that will be paid, when it is due, and how it should be paid (e.g. cheque, e-transfer, cash). You may also want to include information about late fees, if applicable.
4. Term of lease: The rental agreement should state the start and end dates of the lease. You can also include information about renewal or termination of the lease.
5. Security deposit: If a security deposit is required, include the amount and the conditions for its return (e.g. no damage to the property, cleaning requirements).
6. Maintenance and repairs: Outline who is responsible for maintenance and repairs (e.g. landlord is responsible for major repairs, tenant is responsible for minor repairs). Include information about how to report any issues.
7. Occupancy: The rental agreement should state who is allowed to occupy the property (e.g. only the tenant and their family members). You may also want to include information about subletting.
8. Pets and smoking: If pets or smoking are allowed or not allowed, include this information in the rental agreement.
9. Insurance: The rental agreement should state whether the tenant is required to have renter`s insurance or not.
10. Dispute resolution: Include information about how to resolve disputes (e.g. mediation, arbitration).
It`s important to have a house rental agreement in place to protect both the landlord and tenant. Make sure to include all relevant details and review the agreement with a lawyer if needed. With a well-written rental agreement, you can help prevent any misunderstandings or disputes down the line.