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The agreement comprises of the clauses that both the parties should adhere to along with the financial aspects.
The most common form of tenancy is a fixed-term arrangement with payment due every month, usually on the first day, and the term is usually for one year.
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The date can only be changed if the landlord and tenant agree. The Tenant shall pay monthly, in advance, by way of post-dated cheques, to the Landlord at _____ a rental of $ _____ per month on or before the first day of each and every month of the term of this Agreement. The owner of a residential property can use this form to draft a tenancy agreement that should be signed by the tenant and the owner.
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