Products tagged with 'prince edward island'

PEI landlords, hire one of your tenants to act as resident manager of your rental building with this Agreement to Act as Resident Manager.

This Agreement outlines the terms under which landlords in Prince Edward Island may hire one of their tenants to serve as the resident manager of a rental building.

Resident Manager Appointment

Under this agreement, the tenant agrees to act as the resident manager of the rental building, in return for receiving either free or reduced rent, along with a monthly management fee.

Duties and Responsibilities of Resident Manager

The resident manager's role encompasses several important tasks, including:

• Collecting rent, late fees, and any other charges due from tenants;
• Issuing eviction and default notices as necessary;
• Inspecting rental units after tenants have moved out;
• Showing available units to prospective tenants;
• Performing groundskeeping duties;
• Conducting building maintenance as required.

Template Features

The agreement is specifically designed for use within the Province of Prince Edward Island, Canada, and is available in a fully editable Microsoft Word format to suit individual circumstances.

Buy and sell real estate property in Prince Edward Island with this Offer to Purchase / Agreement of Purchase and Sale of Real Property.

Responsibilities of Parties

• The vendor (seller) is responsible for paying out and discharging any existing financial encumbrances on title to the property which are not being assumed by the purchaser.
• The purchaser is responsible for paying the costs of arranging new mortgage financing (if applicable) and the costs of conveyance of the title.

Key Conditions of the Agreement

• The buildings and property remain at the risk of the vendor until the closing, after which the purchaser assumes the risk.
• The vendor makes certain warranties and representations about the property (e.g. residential use only, Canadian residency, etc.).
• Once signed, the offer becomes a binding contract between the parties.

Format and Jurisdiction

This legal document template is available as a fully editable MS Word form. It is intended for use solely in the Province of Prince Edward Island, Canada.

Lease a house, apartment or mobile home to a tenant with this Prince Edward Island Residential Tenancy Agreement.

Statutory Form Required by Law

This Form 1 document is the standard form of tenancy agreement required under the Prince Edward Island Rental of Residential Property Act Regulations. The form is provided through the PEI Residential Tenancy Office website.

Standard Provisions

This form includes essential details like the parties' names, property description, term of the agreement, rent, and any security deposit requirements. It also outlines the statutory conditions and terms for terminating the agreement.

Format

The form is available in PDF format.