Culfidant Community Shared Accommodation Terms and Conditions
FIXED LEASE TERM
no notice shall be required for either the landlord or Tenant to terminate the tenancy at the end of the fixed term.
shall be provided along with this signed lease, if you are a college/university student
RENT PAYMENT DUE
on or before the first day of each and every month of the term of this agreement. An additional charge of 3.25% shall apply if paid via
credit cards and/or pay-pal.
The security deposit is equivalent to one-month rent. The total amount of the first month rent and the security deposit (minus the initial deposit if you have paid during the application stage) shall be paid in full within the first 48-hours upon approval of the application or, the signed lease is invalid.
Sets forth above, if any, shall secure the performance of Tenant’s obligations here under, Landlord may, but is not obligated to apply all nor portions of said deposit on account of Tenant’s obligations. Any balance remaining upon termination shall be returned to Tenant. Security deposit is not the last month rent.
TERMINATION OF CONTRACT
Landlord has the right to terminate this agreement if the Tenant violates any of the following:
a) non-payment of rent: If the tenant does not pay rent on the 1
st day of each month, this Tenancy Agreement will automatically
serve as 14-day notice of termination starting the 1
st day of the month and ending the tenancy agreement at 12:00 pm noon, on the 14th of the same month unless tenant pays the sufficient rent and the fine of $25.00 per day including the 5th day of the month. b) Damage to property, c) illegal drug use, d) smoking within the premises
UTILITIES & SHARED SERVICES
The tenant agrees to pay on demand to the appropriate authorities the cost of the following utilities and service, A prorated of $50.00 including utilities, Wi-Fi internet, furniture in common area are included in
the rent. Any cost exceeding $50.00 pro-rated utilities shall be paid by the tenants.
LAWS & REGULATIONS
Tenant shall comply with all laws, regulations and requirements of all municipal, provincial and federal authorities now in force, or which may hereafter be in force, pertaining to the use of the premises.
Earlier lease termination may be EXAMINED once a penalty payment of 2-month rents are paid in full, along with minimum 31-day advanced written notice (back counted from the first day of last month) is submitted.
MAINTENANCE, REPAIRS OR ALTERATIONS
Tenant acknowledges that the premises are in good order and repair as per the completed move-in inspection report. Landlord shall provide Tenant a written inventory of furniture and furnishings in private room & common area, and tenant shall be responsible for all household items (appliances, plumbing, furniture, etc) in good condition and repair. In addition, a) Tenant shall not paint, paper, redecorate or make alterations to the premises. Any change to current household items (e.g. to add a new furniture in common area or private room) shall be applied in advance for written approval from the Landlord. b) All of these costs are to be paid 100% by Tenant if being approved by Landlord, with the condition that the tenant must return to original paint required by landlord with 100% cost paid by Tenant before the end of lease term.
(a) It’s tenant’s responsibility to insure the Tenant’s property on the premises against damage or loss to such property occasioned by
fire, theft and any other perils which cause such damage or loss.
(b) A copy of valid tenant insurance policy or confirmation letter from insurance broker has to be shown to the landlord 2 weeks prior
to the date of tenant’s taking possession of the premises.
INDEMNIFICATION Landlord shall not be liable for any damage or injury to Tenant, any other person, to any property, occurring on the
premises, any part thereof, in common areas thereof, and Tenant must agree to hold Landlord harmless from any claims for damages
no matter how it was caused.
SHARED ACCOMMODATION ADDITIONAL POLICY
Please read the following carefully.
To keep our shared accommodation neat and clean is key for you to enjoy your stay. to achieve this goal, so called i-clean program has
been developed and all the residents are required to follow and our office is responsible for its implementation to ensure the fair share
has been taken.
Please read the following carefully.
WAIVER No failure of Landlord to enforce any term hereof shall be deemed a waiver, nor shall any acceptance of a partial payment of
rent be deemed a waiver of Landlord’s right to the full amount thereof.
ACCEPTANCE – The undersigned Landlord accepts the foregoing Agreement and acknowledges receipt of a copy hereof. The
undersigned Tenant hereby acknowledges receipt of a copy hereof and agrees with all the terms and conditions.