Review the terms and conditions: Once you receive the completed rental agreement from the tenant, carefully review the terms and conditions to ensure that all the required information is accurate and meets your expectations. Pay attention to details like lease duration, rent amount, security deposit, and any additional provisions.
2. Sign the agreement: Once you are satisfied with the terms and conditions, sign the rental agreement. Make sure to sign and date all the required sections and provide any necessary contact information as specified in the document.
3. Provide a copy to the tenant: After signing the rental agreement, make a copy of it for your records and provide the tenant with their own copy. It's essential to ensure that both parties have a signed copy of the agreement to refer back to if needed.
4. Store the agreement safely: Keep the original copy of the rental agreement in a safe and easily accessible place, such as a locked filing cabinet. It is important to retain the agreement throughout the tenancy and even after it ends, as it may serve as a reference in case of any disputes or claims.
5. Fulfill additional legal requirements: In Saskatchewan, landlords are legally obligated to provide tenants with a copy of the Residential Tenancies Act (RTA) and any board-issued or approved rules and regulations. Ensure that you have fulfilled these requirements and have the necessary documents available for tenants.
6. Maintain open communication: The completion of a rental agreement isn't the end of the landlord-tenant relationship; it's just the beginning. Maintain open and respectful communication with your tenant throughout the tenancy. This will help you address any issues or concerns promptly and maintain a positive landlord-tenant relationship.
7. Understand your and your tenant's rights and responsibilities: Familiarize yourself with the rights and responsibilities outlined in the rental agreement and the Residential Tenancies Act to ensure that you and your tenant are aware of your respective obligations. Understanding these guidelines will help you navigate any potential conflicts or concerns effectively.
8. Periodic inspections and rent reviews: Conduct periodic inspections of the rental property and perform necessary maintenance tasks to ensure its upkeep. If rent reviews are allowed under the agreement, assess and adjust the rent as necessary while adhering to the guidelines set by the RTA.
9. Document any changes: If any modifications or changes occur during the tenancy period, such as rent increases or repairs, make sure to document them in writing. Maintain clear records of all communications, such as emails, letters, or notices, to help resolve potential disputes or misunderstandings.
10. Seek legal advice, if needed: If you encounter any complex or challenging situations during the tenancy period or have any concerns about the rental agreement, consult with a qualified legal professional who specializes in landlord-tenant law in Saskatchewan. They can provide guidance and ensure that you are acting within the legal framework.