Prince Edward Island — Residential Tenancy Agreement

1. Parties

2. Rental Unit

3. Term of Tenancy

4. Rent

PEI RTA s. 24: a landlord may not raise rent more than once in any 12 months. Annual rent-increase guidelines are set by IRAC; the landlord must give at least three months' written notice on Form 8 before the increase takes effect.

5. Security Deposit

PEI RTA s. 13: the security deposit may not exceed the equivalent of one month's rent. The deposit must be lodged with the Director within 20 days of receipt and is returned through the Director after the tenancy ends.

6. Services and Utilities

Services and utilities are included in the rent only as expressly stated below. All others are the responsibility of the tenant.

7. Statutory Obligations

1. The landlord shall maintain the rental unit in a good state of repair and fit for habitation, and shall comply with all health, safety, housing and maintenance standards.
2. The tenant shall keep the rental unit reasonably clean and shall repair any damage caused by the tenant or the tenant's guests.
3. The landlord shall provide a copy of this signed agreement to the tenant within 21 days of signing.
4. The landlord shall not enter the rental unit except on 24 hours' written notice or in an emergency.
5. The tenant shall not assign or sublet without the landlord's consent, which shall not be unreasonably withheld.
6. Smoking is prohibited inside the unit unless expressly permitted in Additional Terms.
7. The tenant shall obtain tenant insurance covering personal property and third-party liability prior to the start date.
8. Either party may terminate this tenancy only as provided by the governing residential tenancies legislation.
9. This agreement does not waive any right of either party under the governing legislation. Any term that conflicts is unenforceable to the extent of the conflict.
10. On signing, the landlord shall lodge the security deposit with the Director under section 13 of the Act within 20 days.
11. The landlord shall provide the tenant with a copy of this signed agreement, together with the prescribed Tenant Information form, on or before the start date.

8. Additional Terms

(none)

9. Service of Notices

Notices to the landlord may be served at the address in Section 1, by mail, in person, or by email at (no email on file).

10. Signatures