Short Term Rentals - Fully Furnished

[Danny Di]

Good day everyone.

I'm in Canada so the laws and processes may be different compared to the U.S.  

I'm looking to rent my condo, fully furnished for short term durations (2 weeks, 1 mth, 2 mths, etc).  How should I lay the contract and agreements out to protect myself in every angle? I was thinking about including Internet Access and TV also so I may have to lock those down a little so they don't go over it's limits.  As for other things like furniture and tv, how can I protect myself in the event something gets damaged or stolen?

I've never leased a property out so I'm a total noob when it comes to the subject.

Any help would be greatly appreciated, thanks!

Dan

[Chad U.]

Hey Danny,

I'm no expert, but was recently looking for a short term rental myself as our new place isn't ready yet and needed something to fill the gap.  I believe short term furnished rentals fall under the same laws as hotels, lodging etc, and does not fall under the Residential Tenancy Act of Ontario.  Several leases I had seen also had an inventory list with all furniture, kitchen items etc that the landlord makes the potential tenant sign off with respect to damage, going missing, etc.  Hope that helps.  

Chad