User's Guide To Life Lease Forms
Schedule Name |
When A Landlord Uses It |
---|---|
Schedule A - (1999)- LANDLORD’S
ESTIMATE OF DEVELOPMENT COSTS (used only where the landlord didn't enter into any life leases before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) ** |
Landlord gives the form to an appraiser to review to confirm that the landlord's estimated costs for the project are reasonable. |
Schedule B
(1999)
- TENANT'S RIGHT TO CANCEL (all complexes) Download file: Word Format - Adobe Acrobat (PDF |
Cancellation statement; landlord must give the statement to the tenant so the tenant knows about the 7-day cooling off period; if the cancellation statement is included in the life lease, it must be on the first page of the lease. |
Schedule C (1999) - ASSIGNEE'S RIGHT TO CANCEL (all complexes) | Cancellation statement for assignees. |
Schedule D
(2006) - PRE-LEASE INFORMATION FORM – NON-PROFIT LANDLORD (used only where the landlord didn't enter into any life leases before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) ** | Pre-lease disclosure; non-profit landlord; landlord must give this form before accepting a pre-lease payment. |
Schedule E (2006) - PRE-LEASE INFORMATION FORM – OTHER THAN NON-PROFIT LANDLORD (used only where the landlord didn't enter into any life leases before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) ** | Pre-lease disclosure; for-profit landlord; landlord must give this form before accepting a pre-lease payment. |
Schedule F
(2006)
- ENTRANCE FEE INFORMATION FORM – NON-PROFIT LANDLORD (used only where the landlord didn't enter into any life leases before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) ** |
Entrance fee disclosure; non-profit landlord; landlord must give this form before accepting an entrance fee. |
Schedule G (2006) - ENTRANCE FEE INFORMATION FORM – OTHER THAN NON-PROFIT LANDLORD (used only where the landlord didn't enter into any life leases before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) ** |
Entrance fee disclosure; for-profit landlord; landlord must give this form before accepting an entrance fee |
Schedule H (2006) - NEW
COMPLEX – PRE-OCCUPANCY DISCLOSURE FORM (used only where the landlord didn't enter into any life lease before December 1, 1999) |
Unit and complex disclosure; for non-profit and for-profit landlords; landlord must give this form along with either F or G before accepting an entrance fee before the occupancy date of the complex. |
Schedule I (1999) - INFORMATION FORM – LIFE LEASE TENANTS IN OCCUPANCY (used only where the landlord entered into at least one life lease before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) |
Existing tenants disclosure; for non-profit and for-profit landlords; landlord must give this form by March 1, 2000. |
Schedule J (2006) - ENTRANCE FEE INFORMATION FORM (used only where the landlord entered into at least one life lease before December 1, 1999) Download file: Word Format - Adobe Acrobat (PDF) ** |
Entrance fee disclosure; non-profit and for-profit landlords; landlord must give this form before accepting an entrance fee; landlord must also give a copy of this form to any existing tenant who asks for a copy of it. |
Schedule K 2006) - FINANCIAL DISCLOSURE FORM (all complexes) Download file: Word Format - Adobe Acrobat (PDF) ** |
Financial information disclosure; non-profit and for-profit landlords; landlord must give this form annually along with notice of the annual meeting; if the tenants' rent is based on a share of the operating costs, landlord must give both pages of schedule. |
Schedule K.1 (2006) - RESERVE
FUND DISCLOSURE FORM (only non-profit complexes) |
Financial information disclosure; non-profit landlords must give this form annually along with notice of the annual meeting; a separate form is provided for each reserve fund maintained by he landlord.
|
Schedule L - REFUND FUND DISCLOSURE FORM (only complexes with a refund fund) Download file: Word Format - Adobe Acrobat (PDF) ** |
Investment disclosure; non-profit and for-profit landlords; landlord must give this form annually along with notice of the annual meeting. |
Schedule M (1999) - NOTICE OF LIFE LEASE (all complexes) Download file: Word Format - Adobe Acrobat (PDF) ** |
Notice of life lease to be filed at Land Titles; landlords of existing projects must file by March 1, 2000; landlords of new projects must file within60 days of the occupancy date. |
Notice of Rent Increase for Life Lease
Rental Unit Owned by Non-Profit Landlord (Form 1.1) (2006) Download file: Word Format - Adobe Acrobat (PDF) ** |
Given to all tenants of non-profit complexes three calendar months before the rent increase is to take effect; tells the tenant how much the increase will be and how it was determined. |
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