Do I need agreement for Basement Rent

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Aurn
Member since: Jan 07

Posts: 76
Location:
Post ID: #PID

Posted on: 14-05-07 23:12:38

Hi Guys,

First time I am going to rent out my basement apartment in Markham. Do I need to sign any Tanent/Landlord agreement. What people usually does, ask tanent to signed one year lease or month to month.

From where I can download a rent/lease agreement from internet.

Regards

vimpatel
Member since: Jun 06

Posts: 188
Location: Toronto/GTA
Post ID: #PID

Posted on: 15-05-07 01:42:03

Quote:
Originally posted by Aurn

Hi Guys,

First time I am going to rent out my basement apartment in Markham. Do I need to sign any Tanent/Landlord agreement. What people usually does, ask tanent to signed one year lease or month to month.

From where I can download a rent/lease agreement from internet.

Regards

Hi Arun,

It is highly advisable for you to sign a contract with the basement tenant. Wether you offer to lease for month-to-month or yearly is your decision (I prefer yearly myself, but it all depends on your circumstances as well).

If you want any lease agreement forms just let me know and I can send you a few that I have through email.

If you have any other questions just reply via post or for an immediate response just give me a call.

Good luck!

-----------------------------------------------------------------
Vimal Patel, Realtor
Homelife Royalcorp Real Estate Inc., Brokerage
Cell: 416-887-3745
Office: 905-856-6611
Fax: 905-856-6232
vimal.patel@gmail.com
http://www.vimalpatel.ca" rel="nofollow">LINK

Pramod Chopra
Member since: Sep 03

Posts: 1284
Location: Pickering, ON
Post ID: #PID

Posted on: 15-05-07 09:43:24

Hi Aurn,

Please visit this website by the Government of Ontario which might provide you useful information and various forms you may need in future.

http://www.ltb.gov.on.ca/

-----------------------------------------------------------------

Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada

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Do I need agreement for Basement Rent

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