(ii) exercises powers and obligations under this Act, lease or service contract; This form allows you to record the status of a rental unit when a tenant enters and moves into a rental unit. If your landlord tries to change a term in your lease without your consent, you can use the standard letter of TRAC, an illegal clause in the lease, to inform them that you are not accepting the proposed amendment and that you will continue to follow your existing agreement. 3 A person who has not completed the age of 19 may enter into a tenancy agreement or a service contract, and the contract and that law and the rules are enforceable by and against the person despite section 19 of the Infants Act. (b) reduces the rent by an amount equivalent to the depreciation of the tenancy agreement due to termination or limitation of the service or organization. At the end of the term of a fixed-term lease, landlords and tenants may accept another limited term or the lease continues from month to month. Rent can only be increased between fixed-term leases with the same tenant, when termination and term conditions for rent increases are met (a) on the day or after the date the tenant ceases to occupy the rental unit, or (iii.1) if the tenancy agreement is a fixed-term lease under the circumstances provided in Section 97 , paragraph 2, point a.1), that the tenant must leave the rental unit at the end of the period; 17 A lessor may require, in accordance with this law and regulations, that a tenant must pay a surety as a condition for the conclusion of a tenancy agreement or as the term of a tenancy agreement. “Resident” means a person who has no rent and occupies a rental unit. (a) rename or modify the locks so that the keys or other access options granted to the previous tenant do not provide access to the rental unit, and 92 The Frustrated Contracts Act and the Doctrine of Contract Frustration apply to leases. Many of my investment properties are short-term rentals in the Fraser Valley in Vancouver and Kelowna, BC. I like short-term rents as an investment strategy, because I can calculate “per night” as opposed to “per month.” Landlords and tenants must sign and date the contract.