A legally binding contract between a landlord and tenant specifying rental terms including monthly rent, lease duration, responsibilities, rules, and termination conditions. Well-drafted lease agreements protect landlords' interests while complying with provincial residential tenancy legislation.
Related Articles
- 10 Common Home Repairs Every Property Owner Must Know
Handle the most common home repairs before they get costly. Water leaks, electrical, HVAC and plumbing fixes Canadian property owners face.
- Investment Strategy Comparison: One Property, Three Approaches
Compare buy-rent-hold, rent-to-own, and student rental strategies. See how one property can deliver different returns by approach.
- Rent Guarantors for Landlords: When and How to Use
Master rent guarantor strategies for landlords. Learn when to require guarantors, how to qualify them, documentation requirements, and alternatives.
- Rent Credit Reporting for Canadian Landlords
How rent payment credit reporting works in Canada. Help tenants build credit, attract stronger renters, and reduce turnover with Landlord Credit Bureau tools.
- Room Rental Income: Profiting from Unused Space in Your Home
How to rent rooms in your Canadian home: legal rules, tenant screening, leases, and house-hacking tips to offset your mortgage.
- Sandwich Lease Investing: A Guide for Canadians
Learn how sandwich lease real estate investing works in Canada — setup steps, cash flow mechanics, risks, and when this strategy makes sense.
← Mortgage & Real Estate Glossary 2026 · Editorial standards