In the case of a temporary lease agreement, the lessor is obliged to grant the tenant an extension of the contract three months before the expiry of the term. If the lessor does not offer an extension and the tenant decides to stay in the unit, the contract is automatically renewed for another period of limited duration. Life Lease Rental Housing A life lease is “. a form of rental housing that is generally aimed at tenants who are 55+”. This section contains information on life leases and the Life Lease Act.www.gov.mb.ca/fs/cca/rtb/lifelease/index.html The amount of termination a lessor must give to a tenant depends on the reason for the initial termination and the duration of the contract, whether periodic or temporary. For all terminations, landlords must use the required form of the rental settlement. Termination by the landlord (buyer or lessor intends to move to a rental unit) (Form 11A) (New – valid from March 1, 2013) A lessor must use this form if he terminates a rental agreement because he intends to settle in the unit. A tenant is not allowed by law to change the locks of the rental unit without the prior permission of the owner. However, to protect the tenant, the authorization should be in writing. If the landlord asks the tenant for a key, the tenant is required to give him one. Tenants have the legal right to assign or sublet their fixed-term lease. The lessor has the right to accept the new tenant`s request before it is closed. Owners must have a valid reason for refusing an assignment or sublease.
A lessor may charge the original tenant a one-time administrative fee of up to 75$US for the assignment or sub-assignment as compensation for the lessor`s expenses related to the settlement of the transaction. Rental Status Report (Form 5) (Legal Size) Landlords and tenants can use this form to record the status of a rental unit at the time of moving in and at the time of the extract. The amount of notice period that a tenant must incur to terminate a rental agreement depends on the structure of the contract as a monthly or fixed term. Periodic lease agreements require the termination of a full lease period for the termination of the lease. Tenants under fixed-term contracts are generally required to assign their contract to another person if they wish to move before the lease expires.. . . .