Yukon Rental Agreements: What You Need to Know

Whether you`re a landlord or a tenant, rental agreements are an essential part of renting property. In Yukon, the rules for creating and enforcing rental agreements are governed by the Residential Tenancies Act. Here`s what you need to know about Yukon rental agreements:

Types of Rental Agreements

In Yukon, there are two types of rental agreements: periodic and fixed-term. A periodic rental agreement is a month-to-month agreement that automatically renews unless one party gives notice to end the tenancy. A fixed-term rental agreement is a lease for a specific period, such as six months or a year.

Content of Rental Agreements

Rental agreements in Yukon must include certain information, such as the names of the landlord and tenant, the address of the rental property, the amount of rent and when it`s due, and the date the agreement begins and ends. Other provisions that may be included in a rental agreement include rules for pets, smoking, and maintenance responsibilities.

Security Deposits

Landlords in Yukon may require tenants to pay a security deposit at the start of the tenancy. The amount of the deposit cannot exceed one month`s rent, and it must be returned to the tenant at the end of the tenancy if there is no damage to the property.

Evictions

If a tenant does not pay rent or violates the terms of the rental agreement, a landlord may seek to evict them. However, landlords cannot evict tenants without a court order. In Yukon, tenants have the right to challenge an eviction notice and have their case heard by the Residential Tenancies Office.

Amending or Terminating a Rental Agreement

If both parties agree to amend the rental agreement, they can do so in writing. To terminate a rental agreement, the tenant must give written notice to the landlord. The amount of notice required depends on the type of rental agreement and the circumstances of the termination.

In Conclusion

Rental agreements are a vital part of renting property in Yukon. Landlords and tenants should familiarize themselves with the rules and regulations governing rental agreements to ensure a smooth and successful tenancy. For more information, visit the Residential Tenancies Office website or consult with a legal professional.