The Tenant Placement Agreement serves as a crucial legal framework for property owners seeking professional assistance in finding suitable tenants in Canada. This document becomes necessary when property owners want to delegate the tenant sourcing process to specialized agencies while maintaining control over their property. The agreement typically covers essential aspects such as marketing strategies, tenant screening protocols, fee structures, and service guarantees. It must comply with provincial residential tenancy laws, federal privacy regulations (PIPEDA), and human rights legislation. The document is particularly relevant in competitive rental markets where professional tenant placement services are in high demand. Property owners use this agreement to ensure clear understanding of services, responsibilities, and costs associated with tenant placement, while agencies use it to define their service scope and protect their business interests.

1. Parties: Identification of the property owner and the tenant placement agency, including full legal names and addresses

2. Background: Context of the agreement, explaining the property owner's need for tenant placement services and the agency's offering of such services

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Tenant', 'Placement Services', 'Placement Fee', etc.

4. Scope of Services: Detailed description of tenant placement services, including marketing, screening, viewings, and application processing

5. Agency's Obligations: Specific duties of the placement agency, including tenant screening criteria, marketing responsibilities, and communication requirements

6. Property Owner's Obligations: Property owner's responsibilities, including providing accurate property information and maintaining the property in rentable condition

7. Fees and Payment Terms: Structure and timing of placement fees, including success fees, advertising costs, and payment schedule

8. Term and Termination: Duration of the agreement and conditions for termination by either party

9. Confidentiality: Obligations regarding confidential information and personal data protection

10. Warranties and Representations: Guarantees made by both parties regarding their authority, capabilities, and service quality

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. General Provisions: Standard clauses including governing law, notices, assignment, and entire agreement