Ƶ

Rent To Rent Contract for Canada

Rent To Rent Contract Template for Canada

A comprehensive legal agreement governed by Canadian law that establishes a rent-to-rent arrangement between a property owner and an operator. The agreement grants the operator the right to rent a property from the owner and subsequently sublet it to third parties, typically for a profit. This document addresses key aspects including guaranteed rent payments, property management responsibilities, subletting rights, maintenance obligations, and risk allocation. It incorporates provincial residential tenancy requirements and includes provisions for insurance, property maintenance standards, and dispute resolution mechanisms.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Rent To Rent Contract

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Rent To Rent Contract?

The Rent To Rent Contract is essential for formalizing arrangements where an operator takes a head lease on a property with the explicit right to sublet to other tenants. This document type is particularly relevant in the Canadian market where provincial residential tenancy laws must be carefully considered. It serves property owners seeking guaranteed rental income and operators looking to profit from the spread between the guaranteed rent and achievable market rents. The agreement typically includes comprehensive terms covering property management, maintenance responsibilities, insurance requirements, and subletting rights. It's designed to protect both parties' interests while ensuring compliance with relevant federal and provincial regulations. The document is especially important in urban markets where rent-to-rent business models are becoming increasingly popular as an alternative to traditional letting arrangements.

What sections should be included in a Rent To Rent Contract?

1. Parties: Identification of the property owner (head landlord) and the rent-to-rent operator

2. Background: Context of the agreement, including property details and business arrangement overview

3. Definitions: Key terms used throughout the agreement including 'Property', 'Head Lease', 'Sublease', 'Rental Income', etc.

4. Grant of Rights: Specific rights granted to the operator including head lease terms and permission to sublet

5. Term and Renewal: Duration of the agreement and renewal provisions

6. Financial Terms: Rent payments, guaranteed rent amount, profit-sharing arrangements, and payment schedules

7. Property Management Responsibilities: Operator's obligations regarding property maintenance, repairs, and management

8. Subletting Rights and Restrictions: Terms governing the operator's right to sublet, including any restrictions or requirements

9. Compliance Requirements: Obligations to comply with relevant laws, regulations, and licensing requirements

10. Insurance and Liability: Insurance requirements and allocation of liability between parties

11. Default and Remedies: Events of default and corresponding remedies available to either party

12. Termination: Circumstances and procedures for terminating the agreement

13. General Provisions: Standard contractual provisions including notices, amendments, governing law, etc.

What sections are optional to include in a Rent To Rent Contract?

1. Guarantees: Personal or corporate guarantees for the rent-to-rent operator's obligations, included when dealing with non-established operators

2. Property Improvement Rights: Terms governing the operator's right to make improvements to the property, included when renovations or upgrades are contemplated

3. Marketing and Advertising: Specific terms regarding how the property can be marketed and advertised, included when branding control is important

4. Profit Sharing Arrangements: Detailed terms for sharing profits above guaranteed rent, included when owner wants participation in upside

5. Property Manager Appointment: Terms for appointing a professional property manager, included when required by owner or local regulations

6. Emergency Protocols: Specific procedures for handling emergencies, included for larger properties or when required by insurance

7. Utilities and Services Management: Detailed arrangements for utility accounts and service contracts, included when these are significant operational factors

What schedules should be included in a Rent To Rent Contract?

1. Schedule A - Property Details: Detailed description of the property including address, features, and condition report

2. Schedule B - Financial Terms: Detailed breakdown of rent payments, guaranteed amounts, and payment schedules

3. Schedule C - Maintenance Standards: Specific standards for property maintenance and repair responsibilities

4. Schedule D - Approved Sublease Template: Standard form sublease agreement to be used with subtenants

5. Schedule E - Insurance Requirements: Detailed insurance requirements including types and amounts of coverage

6. Schedule F - Property Inventory: Inventory of furnishings and equipment included in the property

7. Appendix 1 - Property Photos: Photographic evidence of property condition at commencement

8. Appendix 2 - Certificates and Licenses: Copies of required certificates, licenses, and permits

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions

















































Clauses




































Relevant Industries

Real Estate

Property Management

Residential Lettings

Commercial Property

Property Investment

Hospitality

Short-term Rentals

Student Accommodation

Relevant Teams

Legal

Operations

Property Management

Risk Management

Compliance

Finance

Business Development

Asset Management

Acquisitions

Lettings

Relevant Roles

Property Manager

Real Estate Investor

Legal Counsel

Property Investment Manager

Business Development Manager

Operations Director

Risk Management Officer

Compliance Officer

Asset Manager

Lettings Manager

Portfolio Manager

Property Acquisition Specialist

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Lease Option (Real Estate)

A Canadian legal document combining a property lease agreement with an option for the tenant to purchase the property under specified terms and conditions.

find out more

Business Agreement

A Canadian-law governed Business Agreement establishing commercial terms and conditions between business entities.

find out more

Common Agreement

A versatile Canadian legal document establishing terms and conditions for commercial relationships, compliant with federal and provincial laws.

find out more

Employer Paid Training Agreement

A Canadian-law compliant agreement outlining terms for employer-funded employee training, including costs, obligations, and repayment conditions.

find out more

Consignment Agreement Form

A Canadian legal document establishing terms for consignment sales arrangements, defining rights and obligations of consignor and consignee under Canadian law.

find out more

Software Testing Agreement

Canadian-law governed agreement defining terms and conditions for software testing services, including scope, deliverables, and compliance requirements.

find out more

Money Agreement Between Two Parties

A Canadian-law governed agreement establishing terms and conditions for monetary arrangements between two parties, including loan amount, interest, and repayment terms.

find out more

Written Agreement

A formal Written Agreement compliant with Canadian law that establishes legally binding obligations between parties.

find out more

Side Agreement

A Canadian law-governed supplementary agreement that modifies or clarifies specific terms of an existing main agreement while maintaining separate documentation.

find out more

Lease Agreement With Option To Purchase

A Canadian lease agreement that includes an option for the tenant to purchase the property, compliant with provincial property laws and regulations.

find out more

Incorporation Agreement

A Canadian legal document establishing a new corporation and defining initial shareholder relationships under federal or provincial law.

find out more

Fixed Term Tenancy Agreement

A Canadian residential lease agreement establishing a fixed-term tenancy, outlining rights and obligations of landlords and tenants under provincial law.

find out more

Contract For Selling A Car

A Canadian-law governed agreement for the sale and transfer of ownership of a motor vehicle, ensuring legal compliance and protecting both parties' interests.

find out more

Casual Worker Contract

A Canadian law-compliant contract establishing terms and conditions for casual employment relationships with flexible, non-permanent work arrangements.

find out more

Tooling Agreement

Canadian-law governed agreement establishing terms for industrial tooling ownership, use, and maintenance, including design, quality, and payment provisions.

find out more

Representation Agreement

A Canadian legal document (prominently used in BC) that authorizes representatives to make personal and healthcare decisions on behalf of an adult who becomes incapable of independent decision-making.

find out more

Provisional Agreement

A temporary binding agreement under Canadian law that establishes interim arrangements between parties pending a permanent agreement.

find out more

Land Agreement Between Two Parties

A Canadian legal agreement between two parties establishing terms and conditions for land transfer or rights, compliant with federal and provincial property laws.

find out more

Employer Tuition Reimbursement Agreement

A Canadian-law governed agreement establishing terms for employer-provided educational support, including reimbursement conditions and employee obligations.

find out more

Contract Agreement Between Two Parties

A Canadian-law governed agreement establishing legal obligations between two contracting parties, outlining their rights and responsibilities.

find out more

Rent In Exchange For Services Agreement

A Canadian legal agreement providing residential accommodation in exchange for specified services, combining residential tenancy and service provision elements under provincial law.

find out more

Employee Accommodation Agreement

A Canadian legal document that formalizes workplace accommodation arrangements between employer and employee, ensuring compliance with federal and provincial human rights legislation.

find out more

Contra Agreement

A Canadian legal agreement establishing an independent contractor relationship, defining services, terms, and maintaining compliance with federal and provincial regulations.

find out more

Catering Contract

A Canadian-law governed agreement establishing terms and conditions for catering services, including service specifications, pricing, and regulatory compliance requirements.

find out more

Lease Agreement

A Canadian legal document establishing the terms and conditions for property rental between landlord and tenant, compliant with federal and provincial regulations.

find out more

Contractual Agreement

Standard Canadian Contractual Agreement template compliant with federal and provincial requirements for establishing legally binding business relationships.

find out more

Security Agreement Form

A Canadian legal document creating security interests in collateral to secure obligations, structured to comply with PPSA requirements (except in Quebec) and other applicable federal and provincial laws.

find out more

Business Cooperation Agreement

A Canadian-law governed agreement establishing terms and conditions for business cooperation between independent entities, ensuring compliant and structured collaboration.

find out more

Employee Training Reimbursement Agreement

A Canadian-law governed agreement establishing terms for employer-funded training and employee reimbursement obligations.

find out more

Rental Contract

A Canadian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

find out more

Intent To Purchase Agreement

A Canadian-law governed preliminary agreement outlining terms and conditions for a proposed purchase of assets, property, or business.

find out more

Head Of Terms Agreement

A Canadian-law governed preliminary agreement outlining key terms and conditions of a proposed business transaction, serving as a framework for detailed negotiations.

find out more

Supply Contract Form

A Canadian-law governed agreement establishing terms and conditions for the supply of goods between parties, including delivery, pricing, and quality requirements.

find out more

Education Agreement With Employer

A Canadian-law governed agreement establishing terms for employer-provided educational support, including financial assistance, program requirements, and employee obligations.

find out more

Umbrella Agreement

Canadian master agreement establishing framework terms for ongoing business relationships and future specific agreements between parties.

find out more

Rent To Own Agreement Form

A Canadian legal agreement combining rental terms with a future purchase option, allowing tenants to rent a property while accumulating credits toward its eventual purchase.

find out more

Buyer Representation Agreement

A Canadian legal agreement establishing exclusive representation between a real estate brokerage and a property buyer, governed by provincial real estate laws.

find out more

Non Solicitation Agreement

A Canadian-law governed agreement that restricts the solicitation of employees, clients, or business relationships, designed to protect legitimate business interests while maintaining reasonable restrictions.

find out more

Assignment And Assumption Agreement

A Canadian law-governed agreement that transfers contractual rights and obligations from one party to another, ensuring legal compliance and clear assumption of responsibilities.

find out more

Yearly Contract Agreement

A Canadian-law governed agreement establishing a one-year contractual relationship between parties, defining key terms, obligations, and conditions.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it