Tenancy Agreement Alberta: Fill & Download for Free

A landlord is bound by the terms of the lease and your local Landlord and Tenants Act. If it is a one year lease, it ends at the end of the lease, and the tenant must negotiate a new lease in advance of that. If it continues as a month-to-month lease, which is the default unless the landlord says he is not going to renew, the landlord must give reasonable notice he is not going to renew. Under Common Law, that is 1 month’s notice, but under Statute Law where I live (Alberta), he must give 3 months notice. Read your local Landlord and Tenants Act for details.The exception is if you fail to make the monthly payment, which is a substantial breach of the lease, in which case he can give 14 day notice to pay or quit where I live. The Sheriff's Department will throw you and your possessions out on the street. Always pay your rent first and then protest conditions afterwards.If you threaten the landlord or another tenant, he can get you out on 24 hours notice where I live. The Sheriff's Deputies will take you out in handcuffs if necessary. The law here is pretty negative about threats.

Why opt for Canada?Canada offers an array of advantages to students planning to study a masters degree at the Canadian institutions:-The educational institutions are known for their high academic standards and rigorous quality controls.Canada offers a globally recognized master's degree.The research programs are one of the main highlights of Canadian masters educations.The study visa for a Masters degree in Canada is easy to acquire.The nation offers plenty of scholarships to international students.The program also involves an industrial internship which helps students understand their respective industries better and gain an insight of how work is carried out.After a degree in masters from Canada, students move up the career ladder and can enhance their pay package as well.How to apply for masters in Canada -Over 300,000 international students make way to Canada, one of the hottest destinations to pursue higher education. In fact, the last few years have seen a four-fold increase in the number of international students exploring the country's educational system. One of the major factors why Canada continues to attract foreign students is because of its vibrant cities and a plethora of multi-cultural communities. Canada has students from all over the world coming to study in its quality institutions, thereby making it a truly diverse student nation.Eligibility:A majority of the universities in Canada require the applicant to have 16 years of education or a four- year Bachelor’s degree. However, students who have completed their Master’s degree after a three-year Bachelor’s are also eligible to apply for admission to Masters at a Canadian university.Work experience: Work experience is an important requirement for admission to Canadian business schools. Some specialized colleges might also demand work experience certificates from you. Generally, Canadian universities ask for experience of 2-3 years in a specific field, preferably related to the course of study.Register for test: The next step in applying for Masters in Canada is to register for the standardized tests required for admission to graduate courses. Some of the tests to be taken are:GMAT:GRE:IELTS: (How to go to Canada without IELTS)TOEFL:Other Documents:SOPLORResumeStudent Life in CanadaAccommodationFirstly, you need to decide whether you want to live in university managed accommodation, or with a private landlord. Choosing university managed accommodation can also give you a catered or self-catered option. Catered accommodation offers the benefits of your meals being cooked for you and a degree of certainty with meal costs.If you have an idea about what you prefer, the accommodation office at your university will be able to tell you what accommodation they have available - so that’s the place to start. If you are thinking of renting from a private landlord or if your chosen university can’t offer you anything in its own residential facility, the accommodation office should be able to provide you with a list of private properties and landlords in the area.Wherever you choose to live, you should make sure that you know your contractual rights and responsibilities. In most cases you will be asked to enter into a tenancy agreement, which you should read thoroughly before you sign it.OrientationOrientation week is mandatory for international students so you want to be sure and arrive before it starts. This is the time where you will be introduced to the university and its services, as well as enroll in your classes. It is essential that you read your guidebook, which is provided by the college. The guide explains each part of the admission process.ActivitiesAlong with sports, colleges offer extra-curricular activities that provide students a wide range of experiences. Music, drama, science and literary societies in colleges offer opportunities for outdoor education and other leisure activities. Visits to theatres and concerts, and to places relevant to the courses of study such as art galleries and museums, religious centres or historical sites, scientific companies and projects are all part of college life.ScholarshipsMerit and need-based fee waivers are awarded to international students. Candidate with strong academics, good performance in standardized exams and extracurricular achievements would be eligible for scholarship awards and financial assistance. To benefit from these opportunities, one has to make sure to send all the required documents by particular deadlines. In addition to this, the presentation of the application is also important because one is judged by the image one projects. Check out the List of Scholarships available to sudy in Canada.Documents required: The documents usually needed for a scholarship application are as follow, although the requirements may differ:Academic records and photocopiesA recent CVA letter of intent, which acts as a cover pageCertificate of language proficiency (TOEFL or IELTS scores)Letters of Reference (LOR)Student visa in CanadaTo study a Masters in Canada, you’ll need to get a study permit. This will serve as your student visa and allow you to live and study in Canada for the duration of your course. You can apply for a Canadian study permit online, or through a visa application centre at a Canadian embassy in your own country.Before applying for a study permit, you’ll need a firm offer from a Canadian university (as shown by your letter of acceptance on a Masters programme). You must also have no criminal record and be able to demonstrate that you’re in good health.You’ll also need to provide proof of financial support, such as bank statements and scholarship award letters, to show that you can afford your tuition fees, living expenses and a return ticket to your home country.How to Get the Canadian Study Visa?Top Universities in CanadaUniversity of TorontoMcGill UniversityUniversity of British ColumbiaUniversity of AlbertaMcMaster UniversityUniversité de MontréalUniversity of WaterlooWestern UniversityUniversity of CalgaryQueen’s UniversityHope it helps!!

The appraisal is crucial.Getting an appraisal for residential is cheap.... $200 - $500. Getting a commercial appraisal can cost $2,000 to $7,000 depending on the property. Sometimes you can get lucky and find an owner that as a recent appraisal (less than a year old) and you can use that or pay a small sum to get it updated.Banks are another story. Unless there are long term tenancy agreement in place, you are wasting your time.Private funding will be risky and expensive.I firmly believe, if you afford to sign a rental lease for 5 years, you should be buying the building. Leases always go up at the end of the term and mortgage always go down. By the time you renew a for a second time you will be so far ahead on the mortgage.... you can actually move out of the building and rent it out for profit. The rule for buying is as follow " you don't buy a building for what it's worth today, you buy for what the the building is worth 10 or 15 years down the road". Trust me, even if you over pay by $20,000 today, it will mean nothing 15 years don't the road.What counts is that you made a decisions, today.If you have a business and you're owner occupied, in Canada, there's available financing at the Farm Credit Corporation. Yes, it says "Farm", but they actually do more small business loan than Farm.Farm Credit CanadaThere is also provincial version of Farm Credit. In Alberta it's Agriculture Financial Services Corporation | Growing a Strong & Diversified Alberta Both are excellent sources of finance.Another good source is the Business Development Bank of Canada Business Development Bank of CanadaUnfortunately, none of those institution have worked well for me..... lots of rule, lots of regulation and the process is slow.Here's what I recommend.Buy a house with a basement suite. Put a tenant in the basement.... get that mortgage paid down ASAP. If you can do a fixer upper... do it. See if you can get that mortgage down to 50% of appraised value before you renew next term (5 years).Now, here's what you do at renewal time. DON'T RENEW THE MORTGAGE. What you will be applying for is a HELOC . Home Equity Line of Credit. Most banks offer these. Here's how it works. The banks will re-finance the property at65% assessed value or 80% of appraised value.What the Bank does is put a mortgage on the property up to either maximum - the 65% or 80%. But since you only owe 50% of the appraised value, you can use the difference for anything, just write a check. Use your equity to build more assets.Lets work through some numbers.Normal Mortgage - Appraised value $400,000, Mortgage $200,000Heloc Appraised value $400,000, Heloc (80%) $$320,000, Balance owing on Heloc $200,00, Usable equity $120,000.Having access to money is the key to finding great investment.Once you have usable equity (Heloc), you can walk up to any property and make ridiculous low offers. Yep, you'll get rejected 19 time out of 20. Actually, you wont get rejected, your realtor will.... it's called earning his commission. But sooner or later someone will accept. The truth is simple... you never really know the real situation when a property goes up for sale. You assume everything is an arms length transaction. But there are lot of reasons to sale a property - estate sale, termination of job, moving to another country, divorce, recession, holding on to 2 homes, person is sick and time is limited, tax repo, etc. Cash is king.Some say, “This is taking advantage of people” and they would never do that. But that is not your decision to make. I once purchased a house where the bank had served notice to vacate the house in 7 days. I went and paid off the mortgage, paid the penalties, paid the back taxes and handed the owner a check for $10,000. The house needed repairs but 6 months later I made a $32,000 profit. The owner was still $10,000 better off. In this case, the alternative for that family was: “not enough money for a deposit on a cheap rental house”. So… don’t make decisions for people, I still see that person once or twice a year and he still comes and shakes my hand and says thanks. He’s taken a lot of my advice over the year and own a beautiful 2 story, still married, successful business. We all have low points in our lives…. but life keep on moving.Here's an another example... Kayla, lives in a small town, runs a small business. Her house appraised at $120,000, with a mortgage of $45,000. She purchased it 8 years ago for $75,000 and did about $10,000 of renos over the years. I told her to get a heloc. She had to change to another bank that offered her a heloc of $90,000. In small town the banks lower the lending rate to 75%. That gave Kayla, $45,000 to use. She found an older 5,000 square foot commercial building for $150,000. The building had been vacant for a number of years.... she offered the owner $135,000, 35,000 down payment and owner financed at 8% for the next 5 years. After a couple of months, he accepted. She was renting the space for her business at $2,100/m, the mortgage is now $828.26 plus taxes.For those with money..... I suggest you look up on You Tube the following "Become Your Own Banker"The best advice “ Keep your money accessible”, and look for that right deal. They are out there…Good Luck