Products tagged with 'northwest territories'

Hire one of your tenants to act as resident manager of your rental building with this Resident Manager Agreement for the Northwest Territories.

This Resident Manager Agreement is designed for NWT landlords who want to retain one of their tenants as resident manager of their rental building. The agreement formalizes the arrangement and outlines the responsibilities and benefits associated with the role.

Benefits of Having a Resident Manager

Having a resident manager onsite provides convenience for both the landlord and the occupants of the rental building, streamlining management and improving the overall living environment.

Compensation

Under this agreement, the tenant agrees to act as the resident manager in exchange for free or reduced rent. Additionally, the resident manager receives a monthly management fee as part of the compensation for their services.

Resident Manager Responsibilities

• Collecting rent from tenants
• Issuing notices to other tenants as required
• Inspecting rental units when tenants move out
• Showing available units to prospective tenants

Optional Duties

The agreement includes optional provisions allowing the resident manager to take on groundskeeping and building maintenance tasks, further enhancing the upkeep of the property.

Template Features

This contract template is specifically tailored for use in the Northwest Territories, Canada, ensuring compliance with local regulations and practices. The template is available in MS Word format, making it easy to customize and implement for your specific needs.

Rent out a house, apartment or mobile home in the Northwest Territories with this Residential Tenancy Agreement template.

When to Use the Residential Tenancy Agreement

This lease / tenancy agreement template can be used for either a fixed term lease, such as 6 months, 1 year, etc. or for a periodic tenancy, such as month to month. The document can also be used to rent mobile homes and mobile home sites (pads).

Standard Provisions

The Tenancy Agreement contains a number of standard provisions, such as:

• payment and disposition of the tenant's security deposit;
• late charges for overdue rent;
• landlord's right to enter the premises for repairs or inspection;
• responsibility of each party for repairs and maintenance;
• subletting or assignment by tenant;
• rent increases;
• alterations and improvements;
• tenant's responsibility to carry contents insurance;
• pets allowed only with the landlord's consent;
• procedure for termination by either party.

Items Included with the Template

The file includes an Inspection Report to be completed by the landlord and tenant at the beginning and end of the tenancy, a Receipt for Rent form, and a Security Deposit Refund Statement.

Format and Legal Jurisdiction

The Residential Tenancy Agreement template is fully editable so it can be easily customized to meet your needs. Buy the form once, use it as often as required.

The document was prepared in accordance with the provisions of the Residential Tenancies Act and is intended for use only within the Northwest Territories of Canada.