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Table 5 · 03-12-2014, 11:12 AM

Thanks fundmark, that wording really helps.

I guess my question is, why would I as a landlord want to specify that it's a month to month agreement? Wouldn't that basically give him the option to leave whenever he wants?

At the moment, I have it as a 1 year term, and if he breaks the contract, I have it written as:
In the event that the Tenant vacates the Premises before the end of the term, the Tenant will be charged a re-rental fee of 1-Months Rent, plus the cost of advertising, and will also be responsible for paying rent until the end of the Residential Tenancy Agreement term, or until a suitable new tenant is found to occupy the Premises.

03-12-2014, 11:12 AM	#6
Table 5 Franchise Player Join Date: Oct 2001 Location: NYYC Exp:	Thanks fundmark, that wording really helps. I guess my question is, why would I as a landlord want to specify that it's a month to month agreement? Wouldn't that basically give him the option to leave whenever he wants? At the moment, I have it as a 1 year term, and if he breaks the contract, I have it written as: In the event that the Tenant vacates the Premises before the end of the term, the Tenant will be charged a re-rental fee of 1-Months Rent, plus the cost of advertising, and will also be responsible for paying rent until the end of the Residential Tenancy Agreement term, or until a suitable new tenant is found to occupy the Premises.