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Tenant Details

Tenant



(e.g. Street, City, State ZIP Code)



Add another tenant

Landlord Details

Landlord



(e.g. Street, City, State ZIP Code)



Add another tenant

Leased Property


(e.g. brokerage office, fast food restaurant, etc.)



Frequently Asked Questions
When should I include additional details about the property?Generally, it is not legally necessary to describe the property using more than the property address. However, providing additional details can reduce the potential for disputes by further clarifying the boundaries of the property.

Lease Term






Frequently Asked Questions
What are the different types of lease terms?Fixed End Date

A lease with a fixed end date gives certainty of term for both the landlord and the tenant. It specifies the exact day the tenancy will end. The advantage here is that neither party has to give notice to terminate the lease, it simply ends on the specified date. In a fixed end date lease, the landlord cannot increase the rent, or change any other terms of the lease unless he specifically reserves the right in the lease, and the tenant agrees to the changes. If the tenant remains past the specified date the landlord can either: (a) accept rental payments and have the lease continue as a month-to-month tenancy with the same rules as the expired fixed end date lease; (b) sign a new lease; or (c) start eviction proceedings against the tenant.


Periodic/Automatic Renewal (no set end date)

A periodic tenancy (a weekly/monthly/yearly lease with automatic renewal) will continue until one of the parties terminates the lease. To terminate the lease, the landlord or tenant must give notice of their intention to terminate as specified by statute. A landlord can usually raise the rent, or change the terms of the lease in these types of agreements by providing proper notice as required by statute. At the end of the notice period the tenant must move out or the landlord can start eviction proceedings against the tenant. What is an automatically renewing lease?An automatically renewing lease will renew after each rental period until one party chooses to end the lease by giving written notice.What is early possession and why is it used?A tenant might be given possession of the property before the lease start date where the tenant needs to perform leasehold improvements.

Rent Details



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Frequently Asked Questions
What is a gross lease?A gross lease is where the total rent is a fixed base rent without any additional costs (such as operating costs) that may be charged to the tenant.What is a net lease?A net lease is where the tenant is responsible for the fixed base rent plus some additional costs, such as certain operating costs or a portion of all the landlord’s operating costs for the building and common areas.What are operating costs?Operating costs are the routine day-to-day costs of doing business, such as utilities, maintenance, insurance, and cleaning.

Deposit Details




Frequently Asked Questions
What is prepaid rent?Prepaid rent is a rent payment (or payments) made to the landlord at the outset of the lease, which the landlord holds as security for the applicable rent payments.

This is different from a security deposit, which is a payment made to the landlord at the outset of the lease, which the landlord holds as security for damages other than rent.What is a security deposit?A security deposit is a refundable sum of money the tenant pays to the landlord in order to guarantee their lease obligations will be fulfilled.

The landlord may use the deposit to cover damage caused by the tenant (normal wear and tear excluded) or failure to pay rent.

Conditions




Frequently Asked Questions
What does "as to form only" mean?"As to form only" means that the tenant's attorney can suggest wording changes as long as the changes are not substantive or add/remove any obligations or benefits. Put another way, the tenant must agree to the landlord lease, but minor word changes can be negotiated.What does "as to form and content" mean?"As to form and content" means that the tenant's attorney can suggest substantive changes that add/remove obligations or benefits. Put another way, the tenant may not have to agree to the landlord's lease if the tenant's attorney wants to make a major change and the landlord refuses to agree.

Standard Form



Expiry of Offer



Additional Clauses



Frequently Asked Questions

When should I include an additional clause?You should include an additional clause if there are any terms or issues unique to your situation that have not been addressed in the questionnaire.How should I write my clause?In order to reduce confusion, write your clauses with plain language and limit them to one paragraph in length. Also, use any predefined terms such as Tenant, Property, Landlord, etc. in your clauses.

Signing Details




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