Online discussion of groups such as Kingston Red Alert Housing often focuses on whether the content of these agreements is legally applicable or not. Under the Residential Tenancies Act, which governs landlord-tenant relations in Ontario, a lease agreement is only required to include the names of the parties involved, the address of the lease, the owner`s address, the length of the lease, the rental costs and the signatures of the persons involved. Housing Advice NI provides advice on what needs to be considered before moving to a rental home, as well as the buying process. Information on leases and the rental deposit system (protection of your rental deposit) can also be found on NI Direct`s website. 11:04 Blair: Yes, I have always said that you want to choose both arrangements, but also your tenants very carefully. The standard scheme, most often observed because it protects a landlord the most, would be to get the group of four or six tenants to all sign a lease together. And as a general rule, they will also ask for signatures from parents of six students. Now the landlord has 12 possible people who can follow them for the entire rent. Thus, if a tenant goes, the remaining tenants are still responsible for this rent, and the landlord has the choice to go according to one of the signatories of the lease the total amount of rent. From the point of view of selecting your tenants, you want to make sure that you are with reliable friends, that you know who will bear it by thick and thin, and that you will not have two of the six that you will leave and stop paying the rent for which you are responsible when it will be difficult in January or February , and we are all miserable because of the cold weather outside. 18:17 Matt: That`s right. Why would the owner give you that? I think of a lot of cases where students don`t want to show up.
It is not that they have to evacuate, as they will not move here in the first place, come September or August. What would make an owner convey this message if the building was empty and they passively picked up and in theory received a debt that they could recover? If something goes wrong, he said that students should send letters of printing rather than other correspondence, because the owner-tenant board – the provincial authority that governs tenant-owner relations – recognizes formal letters only as a communication.