Additional Lease Terms PDF

ADDITONAL LEASE TERMS 1. The Tenant shall provide proof of insurance coverage as may be required under this Agreement. The Tenant has offered and the Landlord has accepted that the Tenant understands that the Tenant will be sole occupant and possessor of the rental...

ADDITONAL LEASE TERMS 1. The Tenant shall provide proof of insurance coverage as may be required under this Agreement. The Tenant has offered and the Landlord has accepted that the Tenant understands that the Tenant will be sole occupant and possessor of the rental unit and therefore any damage caused to the rental unit or adjacent or near by units by the Tenants or its guests or visitors will be sole responsibility of the Tenant to repair or pay to repair, whether be intentional or negligent damage to the rental unit or nearby condominium units or common expense areas. 2. Tenant to pay in addition to monthly rent, cost of utility that the Tenant uses on monthly basis above $200/month. The Tenant acknowledges to reimburse the Landlord for the utility payments that the Landlord pays on Tenants behalf within 5 days of demand of payment from the Landlord. Upper Floor Tenants will pay 60% cost of all utilities per month above $200/month. 3. The Tenant has offered and the Landlord has agreed to hold last month rent and $700.00 security deposit to be held by the Landlord on interest free basis. 4. Rent paid by anyone other than a Tenant named herein shall be deemed to have been made on behalf of the Tenant and specifically does not constitute the creation of a Landlord and Tenant relationship between the Landlord and the payor. 5. It is understood that any payment made by the Tenant to the Landlord will be applied against the Tenant's account in a manner at the sole discretion of the Landlord, even when specifically identified by the Tenant as "Rent", and will generally be applied to the oldest outstanding debt, whether that debt is rent, services charges or fees, Court costs, NSF fees, unpaid utilities or damages that the Tenant may be responsible for, or any other monies owing to the Landlord which the Landlord is entitled to collect. 6. The Leased Premises shall be occupied by the Tenant for the purposes of residential occupation only. No business other than that requiring a simple home office shall be operated out of the unit. The Tenant shall not use the rental unit or complex for any illegal activity. The Tenant shall not use the rental unit or complex for rental such as Airbnb, VRBO or other similar sharing services. If the predominant use by the Tenant is other than as a residential tenancy, then the Residential Tenancies Act does not apply. 7. In addition to the Tenant or Tenants as applicable, named in the Standard Form of Lease above who have affixed their signatures thereto, the following persons will be occupying the rental unit, and the Tenant hereby undertakes and agrees to give the Landlord prompt written notice of any new occupants, including their names, ages, who may reside in the Leased Premises during the tenancy. This information is required for reasons of safety and security only. 8. Tenant agrees to abide by and make any guests or visitor attending rental unit to abide by rental rules and regulations. 9. The Tenant is responsible for ordinary cleanliness of the Rental Unit, and for the cost of any repair of any damage caused by the neglect or conduct of the Tenant or persons the Tenant has permitted into the Residential Complex, save for reasonable wear and tear, including without restricting the generality of the foregoing, broken glass, flooring, countertops, appliances, tom window or door screens, electrical fixtures, clogged toilets and sink drains. 10. Smoke detectors must always be operational. It is the Tenant's responsibility to advise the landlord if they have ceased to function and the Tenants shall take no action or neglect taking any action which would make them inoperative. Carbon monoxide detectors, if installed, must always remain plugged into an electrical outlet or supply and any damage Page 1 of 3  caused to the carbon monoxide detector shall be paid for by the Tenant, except in situations where the carbon monoxide detector has malfunctioned. 11. Other than hanging paintings or installing window coverings, the Tenant shall not make any alterations to, remodel or decorate the Leased Premises without the Landlord's prior written approval and shall upon termination of the tenancy, remove any alterations and decorating and restore the Leased Premises to the same condition as it was on the date of commencement of this Tenancy Agreement, reasonable wear and tear excepted. 12. The Tenant agrees to give the Landlord prompt written notice of any damage, accident or defect in the Rental Unit or residential complex that the tenant becomes aware of, and of any repairs or maintenance required to be done by the Landlord with respect of the Rental Unit or residential complex that the tenant becomes aware of, as soon as possible after the tenant becomes aware. 13. The Tenant understands and offers to the Landlord that this is care free lease and therefore any damage to the rental unit would be remedied by the Tenant or by the Landlord at the Tenants expense. Tenant understands that this is imperative and the only reason why the Landlord is allowing tenancy of rental unit that the Tenants pay for ANY AND ALL DAMAGES AND MAINTENANCES IN THE UNIT. If there is water damage, clogging, floor beak, glass break or any damage to unit or to common expenses or other units in condominium building, the Tenants and guarantors accept full unconditional responsibility to remedy and pay for all the remedy. 14. The Tenant shall not assign or sublet the premises without the prior written consent of the Landlord, and such assignment or sublet shall be in accordance with the Act, and the Landlord shall not unreasonably withhold consent for said sublet or assign. The request from the Tenant shall be in writing and the Tenant shall provide the Landlord with the copy of any sublease agreements. The Landlord may charge an administrative and processing fee in respect of the expenses associated with the granting of such consent provided that the amount is in accordance with the provisions of the Act. 15. The Tenant agrees that the rented premises shall be left fit for immediate occupancy by a new tenant, i.e. clean, undamaged and with all furniture belonging to the Tenant and any refuse are removed. Without limiting the generality of the foregoing, the Tenant shall, in particular: a. Clean all floors, cupboards, toilets, sinks, tubs and countertops. b. Leave the stove, refrigerator and any other appliance in immaculate condition inside and outside, and replace any broken, missing or damaged parts before vacating. c. Clean and defrost the refrigerator, but leave it running. 16. The Tenant offers and Landlord accepts that the Tenant shall get rental unit professionally cleaned every 6 months to the Landlords satisfaction. 17. Tenant acknowledges receipt of 1 main door key. Tenant agrees to return to the Landlord, at its cost and consequence, all of the aforesaid keys and fobs. 18. The Tenant shall be responsible throughout their Tenancy for obtaining, at their expense, liability, property damage and contents insurance for the contents of their rented Premises. Such insurance for contents and damage shall be for an amount at least equal to the full anticipated insurable loss calculated on a full replacement cost basis without deduction or offset for depreciation. Such insurance for third-party liability shall be, at minimum, in an amount of $1,000,000. The policy must also exclude the exercise of any claim by the insurer, whether by subrogation or otherwise, against the Landlord and against those for whom the Landlord is in law responsible. The Tenant shall provide proof of such insurance coverage to the Landlord upon request. If the Tenant fails to provide proof of coverage to the Landlord, fails to insure despite being required to do so, cancels coverage or fails to Page 2 of 3  renew their insurance, then the Tenant herein acknowledges that they have self-insured and are solely responsible for any damage that arises to the contents or belongings or for any third-party liability claims, howsoever caused. 19. This Agreement shall be construed, interpreted and enforced in accordance with the laws of the province of Ontario. If any provision of this Agreement shall, to any extent be found to be invalid or unenforceable, the remainder of this Agreement shall not be affected thereby, and any such invalid or unenforceable provision shall be reformed so as to be valid and enforceable to the full extent permitted by law. 20. The Tenant shall indemnify and save the Landlord and its agents harmless against any and all claims, actions, damages, losses, liabilities, costs and expenses in connection with the loss of life, personal injury or damage to property arising from or out of the occupancy or use by the Tenant or any other occupant of the Premises or occasioned wholly or in part by any act or omission of the Tenant, its invitees, licensees or anyone permitted or authorized by the Tenant to be on the Premises or arising out of any breach or non-performance by the Tenant of any provisions of this lease. The undersigned hereby agrees and understands the terms mentioned above: Tenants Full Name Tenant Signature Date SNOW SHI July 31, 2024 TRAN LAN KHUE TRUONG July 31, 2024 MADELINE MAY August 14, 2024 WHITEHEAD Guarantors & Co-signer Full Guarantors & Co-signer Date Name Signature ZHENG SHI July 31, 2024 FANG SHI July 31, 2024 NGOC KHANH PHAM July 31, 2024 WILLIAM TIMOTHY August 14, 2024 WHITEHEAD Landlord Full Name Landlord Signature Date Harleen Kaur July 31, 2024 Page 3 of 3