Residential Tenancy Agreement

A Residential Tenancy Agreement is a legal contract between a tenant and a landlord that outlines the terms and conditions for renting a property. It specifies details such as the rent amount, payment schedule, duration of the lease, rules for property use, and responsibilities of both parties. The agreement helps protect both tenant and landlord by clearly defining expectations and procedures for issues like maintenance, deposits, and ending the tenancy. It ensures a transparent, fair arrangement and provides legal clarity if disputes arise during the rental period.