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Landlord Roommate Lease Agreement
"I need a Landlord Roommate Lease Agreement for a 4-bedroom student house in Toronto, starting January 1, 2025, where utilities will be included in the rent and each tenant needs to provide a guarantor."
1. Parties: Identifies and provides full legal names and contact information for the landlord and all roommate tenants
2. Background: Explains the context of the agreement, including the property details and the intention to create a shared living arrangement
3. Definitions: Defines key terms used throughout the agreement, including 'Common Areas', 'Private Space', 'Rent', 'Security Deposit', etc.
4. Term of Tenancy: Specifies the lease duration, start date, end date, and any renewal options
5. Rent and Financial Terms: Details the total rent, individual portions, payment methods, due dates, and late payment penalties
6. Security Deposit: Specifies the amount, terms of holding, and conditions for return of security deposits
7. Common Areas and Private Spaces: Clearly defines and designates shared spaces and private bedrooms
8. Utilities and Services: Lists included utilities, responsibility for payments, and division of costs
9. Maintenance and Repairs: Outlines responsibilities for cleaning, maintenance, and reporting repairs
10. House Rules: Establishes basic rules for noise, guests, smoking, pets, and use of common areas
11. Default and Remedies: Describes what constitutes default and the consequences/remedies available
12. Notice and Communication: Specifies how and where official notices must be delivered
13. Termination: Details the conditions and process for ending the tenancy
14. Governing Law: Establishes that the agreement is governed by provincial law
1. Subletting and Assignment: Include when subletting or assignment rights need to be addressed
2. Parking: Include when the property includes parking spaces that need to be allocated
3. Storage Spaces: Include when there are storage areas that need to be assigned
4. Meal Sharing: Include when roommates plan to share food costs and meal preparation
5. Chore Schedule: Include when parties want to formalize cleaning and maintenance responsibilities
6. Special Amenities: Include when there are specific amenities (gym, pool, etc.) with usage rules
7. Work From Home: Include when any roommates work from home and need specific arrangements
8. Insurance Requirements: Include when specific insurance coverage is required for tenants
9. Pet Provisions: Include when pets are allowed and specific rules are needed
10. Mediation Process: Include when parties want to specify dispute resolution procedures
1. Schedule A - Property Floor Plan: Detailed floor plan showing common areas and private spaces
2. Schedule B - Rent Payment Schedule: Breakdown of rent payments, including individual portions and due dates
3. Schedule C - Property Condition Report: Detailed documentation of property condition at move-in
4. Schedule D - Inventory of Furnishings: List of landlord-provided furnishings and their condition
5. Schedule E - House Rules: Detailed house rules and regulations
6. Schedule F - Utility Agreement: Detailed breakdown of utility responsibilities and payment arrangements
7. Schedule G - Cleaning Schedule: Rotation of cleaning responsibilities for common areas
8. Schedule H - Contact Information: Complete contact information for all parties and emergency contacts
Authors
Real Estate
Property Management
Residential Housing
Rental Services
Student Housing
Property Investment
Legal Services
Housing Administration
Legal
Property Management
Residential Leasing
Operations
Compliance
Real Estate Administration
Tenant Services
Housing Operations
Document Administration
Risk Management
Property Manager
Leasing Agent
Real Estate Attorney
Housing Administrator
Tenant Relations Coordinator
Residential Leasing Manager
Property Management Supervisor
Legal Compliance Officer
Real Estate Operations Manager
Student Housing Coordinator
Residential Services Director
Lease Administrator
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