Condo Rental Agreement Template for Canada

The Condo Rental Agreement is a specialized legal document used in Canadian jurisdictions when a condominium unit is being rented out to tenants. This agreement is necessary whenever a condo owner wishes to lease their unit to a tenant, ensuring compliance with both provincial residential tenancy laws and condominium corporation requirements. The document incorporates standard residential lease provisions while addressing unique aspects of condominium living, such as shared facilities, condo corporation rules, and specific building regulations. It protects the interests of all parties involved - the unit owner (landlord), tenant, and condominium corporation - by clearly defining rights, responsibilities, and obligations. The agreement must align with provincial legislation, condominium acts, and specific building bylaws, making it more complex than standard residential leases.

1. Parties: Identification of the landlord and tenant(s), including full legal names and contact information

2. Background: Context of the agreement, including property details and confirmation that the landlord has authority to rent the unit

3. Definitions: Key terms used throughout the agreement, including 'Common Elements', 'Condominium Corporation', 'Unit', etc.

4. Premises: Detailed description of the rental unit, including unit number, parking spaces, and storage units if applicable

5. Term and Renewal: Duration of the lease, including start and end dates, and any renewal options

6. Rent and Other Charges: Rent amount, payment terms, utilities, and other regular charges including any condo fees if applicable

7. Security Deposit: Amount, terms, and conditions for the security deposit and its return

8. Use of Premises: Permitted uses of the unit and restrictions, including occupancy limits

9. Condominium Rules Compliance: Tenant's obligation to comply with condo corporation bylaws, rules, and regulations

10. Maintenance and Repairs: Responsibilities of landlord and tenant for unit maintenance and repairs

11. Insurance: Insurance requirements for both landlord and tenant

12. Access and Entry Rights: Conditions under which landlord may enter the unit

13. Assignment and Subletting: Terms and conditions for assigning or subletting the unit

14. Termination: Conditions and procedures for ending the tenancy

15. Notices: How and where notices must be delivered to be effective

16. General Provisions: Standard legal clauses including severability, entire agreement, and governing law