RENTAL AGREEMENT AND GUARANTEE
TENANCY AGREEMENT dated this _____ day of __________, 2007 between__________________ ____NKL Properties Inc._____________________________ hereinafter known as the LANDLORD and ______________________________________________________________________________________ ______________________________________________________________________hereinafter known as the TENANT. 1) AGREEMENT AND TERM
The LANDLORD agrees to rent to the TENANT the premises known municipally as _________________ _______________________, Unit_____ in the city of Waterloo. The TENANT will occupy the rented premises for the term beginning the first day of ____________, 2007 and ending the 29th day of ____________, 2008. 2) PAYMENT OF RENT The TENANT shall pay $________ each month during the term to be due and payable on the first day of each and every month during the term. Although it is not a requirement, postdated rent cheques payable to the LANDLORD from individual tenants on this joint lease for the entire term of lease and delivered to the LANDLORD would be appreciated. For each monthly cheque which is not honoured by the bank or Trust company upon which it is drawn, there shall be levied an additional charge of $20.00. 3) PREPAID RENT The TENANT agrees to deposit with the LANDLORD the sum of $________ as prepaid rent to be applied toward the last month’s rent of the term of this agreement. Interest on such a deposit shall be paid pursuant To provincial government regulations. 4) USE OF PREMISES The TENANT agrees to use the rented premises as a residential dwelling and for no other purpose, to abide by the covenants, agreements, rules and regulations of this agreement, and not to allow the rented premises to be occupied by any other than the persons listed in the agreement, unless otherwise authorized by the LANDLORD. 5) UTILITIES The TENANT, in addition to the above rent, agrees to pay for the following initialed services. Gas _____ Electricity_____ Water_____ Water Heater Rental _____. The TENANT shall have exclusive responsibility for optional services such as internet, television and telephone. 6) USE OF COMMON AREAS AND FACILITIES A) Common hallways and entry doors are at no time to be obstructed. B) TENANT’S furniture and chattels are to be moved in and out of the rented premises in the Manner prescribed by the LANDLORD and the TENANT shall immediately remedy damages should they occur. C) TENANTS and everyone using the common areas, facilities and amenities of the property and Building must work cooperatively with the LANDLORD and his staff to ensure a neat and Clean environs. In particular care must be taken to remove soil from street shoes before entering
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The building and to avoid garbage dripping in corridors. D) The entire building is a non-smoking residence for the health and safety of all tenants. Anyone Wishing to smoke must do so outside the building. E) All garbage shall be tightly wrapped and placed in proper garbage receptacles. Recyclable items Are to be placed in proper receptacles. F) No noise of any kind, which may disturb the comfort of any other occupant shall be permitted: nor Shall any noise be persisted in after a request to discontinue has been made by the LANDLORD or by other tenants living on the premises. 7) CARE AND USE OF THE RENTED PREMISES A) The TENANT shall keep the rented unit clean to a reasonable housekeeping standard. This includes regular cleaning of floors, bathtubs, toilets, sinks and appliances. B) Window coverings are provided by the landlord. The TENANT agrees to regularly dust the Slats of the blinds. The TENANT may only install additional or alternative window coverings With the express permission and conditions of the LANDLORD. C) Water shall not be left running except when in actual use. Defective taps and plumbing must be Reported promptly to the LANDLORD. D) The TENANT shall take care to keep windows and doors closed and secured during windy, cold Or stormy periods so as to prevent damage to the LANDLORD’S or TENANTS’ property. E) No air conditioner or hotplate or any other cooking or heating devise shall be kept upon the Premises. F) No barbecues or charcoal fires of any type are to be permitted within the rental building or Within 5 meters of the rental building. G) The TENANT shall not alter in any way the locking system nor duplicate any key for any Door giving direct entry into the rented premises except by mutual consent and the LANDLORD shall retain a key to all doors providing access to the premises and to all suites. The TENANT shall pay $15.00 to the LANDLORD for any replacement key required. H) The TENANT shall not cause any residual odours in the rented unit or within the common Areas which may be deemed offensive by the LANDLORD or other tenants within the Building. Such odours may be caused by improper pet care, inadequate cleaning habits, pungent cooking or strong scents. I) The TENANT shall maintain a temperature of no less than 14 degrees Celsius within the Rental unit. 8) LIABILITY The LANDLORD shall neither be liable nor responsible in any way for any personal injury that may Be suffered or sustained by the TENANT, or any other person that may be upon the rented premises Or in or about the building or on the sidewalks and lane ways or streets adjacent to the same, or for Any loss or damage or injury to the property belonging to or in the possession of the TENANT, or any other person. The TENANT is advised to secure adequate personal liability and property insurance. The LANDLORD shall not be liable for any loss or damage or theft to any of the TENANT’S goods or Chattels stored in any storage space provided by the LANDLORD. Furthermore the TENANT is not Permitted to disconnect any fire alarms nor carbon monoxide alarms and must immediately notify the LANDLORD of any malfunctions therein. The TENANT is aware that snow salt shall be provided by LANDLORD and that it is the ultimate responsibility of the TENANT to ensure their safety against Slippery conditions. 9) ELECTRICAL AND MECHANICAL
In the event of a breakdown of the electrical or mechanical systems, the LANDLORD shall not be Liable for damages or personal discomfort, but the LANDLORD will carry out repairs with Reasonable diligence.
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10)
DAMAGES
The TENANT agrees to be responsible for all damage to the rental unit and for all breakage or damage to glass within the rental unit whatever the cause, and for all damages resulting from his failure to notify the LANDLORD promptly in writing of any defect or damage within the rented unit. The TENANT further Agrees not to fasten, affix or adhere any item or material to the rented premises, common areas or other part of the LANDLORD’S premises, not to make any alteration or decoration without the LANDLORD’s Written approval. 11) ASSIGN TO SUBLET
The TENANT agrees not to assign or sublet the rental unit without the written consent of the LANDLORD. 12) NOTICE OF TERMINATION The TENANT may terminate at the end of the term specified in this agreement in writing, not less Than two clear months prior to the expiry of the term. In the event that notice to terminate has Been given, the LANDLORD or his agent shall have the right to show the rented premises to Prospective tenants between the hours of 9 a.m. and 9 p.m. The LANDLORD shall endeavor to Provide a minimum of 24 hours notice, however the TENANT recognizes that it is not the Obligation of the LANDLORD to do so. 13) RIGHT OF ENTRY The LANDLORD agrees that except in cases of emergency or when either party has been given notice Of termination of tenancy, or when the rental unit has been abandoned or vacated, the LANDLORD Shall not enter the rental unit unless he has properly notified the TENANT in writing a minimum of 24 hours in advance, or unless he has secured the consent of one of the TENANTS within the unit. 14) VACATING PREMISES On vacating the TENANT shall leave the rented unit FIT FOR IMMEDIATE OCCUPANCY BY A NEW TENANT, clean, undamaged and with all person effects and refuse removed. When all personal possessions have been removed and cleaning is complete the TENANT shall complete and “OUTGOING INSPECTION REPORT which shall be signed by both the LANDLORD and by no fewer than one of The TENANTS. Failure to comply by the TENANT constitutes an agreement to all charges assessed by The LANDLORD. 15) KEYS All keys issued by the LANDLORD must be returned to the LANDLORD or his agent by noon on the Final day of tenancy, unless otherwise agreed between the LANDLORD and TENANT. A $10.00 charge will be required for any lost keys. 16) GUARANTOR The guarantor shall be fully responsible for the due performance of the subject lease, financial and Otherwise and the LANDLORD need not have to exhaust its remedies against the TENANT prior To making demands or commencing any action against the guarantor. The bankruptcy of the TENANT does not release the guarantor hereunder.
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IN WITNESS WHEREOF the parties hereto have executed these presents SIGNED, SEALED And DELIVERED. The Tenant(s) hereby acknowledge receipt of a fully executed original copy of this agreement as per the date below. Signed and Witnessed in the presence of:
________________________________ Witness Date ________________________________ Witness Date ________________________________ Witness Date ________________________________ Witness Date ________________________________ Witness Date
________________________________ Tenant/Date Guarantor/Date ________________________________ Tenant/Date Guarantor/Date ________________________________ Tenant/Date Guarantor/Date ________________________________ Tenant/Date Guarantor/Date ________________________________ Tenant/Date Guarantor/Date ________________________________ Landlord Date
MARK AND RHONDA GAUTHIER 59 GREENCROFT COURT KITCHENER, ONTARIO N2N 3H6 PHONE 519 579 7193 FAX 519 579 7881 Email: mkgauth@sympatico.ca (Mark) Email: rhgauth@sympatico.ca (Rhonda)
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