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The Promise To Pay Rent Agreement is a crucial document used when tenants have fallen behind on their rent payments but wish to maintain their tenancy by agreeing to a structured repayment plan. This document is particularly relevant in Canadian jurisdictions where provincial residential tenancy laws govern landlord-tenant relationships. It serves multiple purposes: documenting the acknowledged debt, establishing a clear repayment schedule, protecting the landlord's right to collect outstanding rent, and providing tenants with a manageable way to clear their arrears while avoiding eviction. The agreement typically includes details such as the total amount owed, payment schedule, method of payment, and consequences of default. It's commonly used in both residential and commercial settings, and can be especially important during periods of financial hardship or when tenants experience temporary payment difficulties.

1. Parties: Identification of the Landlord/Creditor and Tenant/Debtor with full legal names and addresses

2. Background: Context of the rent arrears, including reference to the original lease agreement and circumstances leading to this promise to pay

3. Definitions: Key terms used throughout the agreement including 'Rent Arrears', 'Payment Plan', 'Due Date', etc.

4. Acknowledgment of Debt: Clear statement of the total amount owed and tenant's acknowledgment of the debt

5. Payment Terms: Detailed payment schedule including amounts, dates, and method of payment

6. Default Provisions: Consequences of missing payments and landlord's remedies in case of default

7. Representations and Warranties: Tenant's confirmation that they can meet the payment obligations

8. Notices: How and where formal communications between parties should be sent

9. Governing Law: Specification that the agreement is governed by Canadian law and the applicable province

10. Entire Agreement: Confirmation that this document represents the complete agreement regarding the rent payment plan

11. Execution: Signature blocks for all parties and witnesses