Room lease contract is a legitimate commitment between the room owner and the interested person, who is willing to rent the room. A room lease contract is created by mentioning the term & conditions.

Sample Room Lease Contract:

Contract number: RL/ 890

Date: December 26th, 2010

This room lease contract is commenced and entered between Mr. Andrew Cayman, address: house no: 23, Spencer Road, Toronto, Canada, hereinafter called as the room owner.

And

Ms. Emma Simpson, Permanently located at: House No: 5, Baker Road, Toronto, Canada, hereinafter known as the lessee.

Whereas the room owner is willing to lease his room located at: Flat No: 7, Rainbow Apartment, cathedral Road, Toronto, Canada, and the lessee is interested to lease the room.

Facilities provided by the room owner:

  • Electricity
  • Refrigeration
  • Water supply
  • Furniture with insured policies

The room lease contract is starting from December 27th, 2010 and is ending on December 27th, 2011.

Term & conditions to be followed by both the parties:

Room owner obligations:

Any changes to the contract or any alteration to the room rent will be informed to the lessee through a circular.

Lessee duties:

The lessee will be responsible for the maintenance of the room and only two people are allowed to stay in the room.

Payment clause:

The lessee will pay an amount of $ 4560 as the security amount to the owner, whereas an amount of $456 is committed to pay as a monthly rental on the fixed date.

Termination term:

The termination can happen to the contract in case any unsettled issue noticed between the two parties. Under this clause, the guilty party will pay $ 1500 as the settlement allowance to the alleging party.

Acceptance of the room lease contract:

Signature of the room owner:

Andrew Cayman

Signature of the lessee:

Emma Simpson

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