There are many ways in which a residential tenancy can be terminated. In some cases, it is as simple as both the Tenant and Landlord agreeing that the tenancy should come to an end on a certain date. Regardless of which way you decide to pursue, it is always recommended that any agreement reached between the parties be completed in writing and signed by both the Landlord and the Tenant.
Though the above situation is ideal, terminating a tenancy is not always agreed upon by both parties.
Rent for a vacant unit is negotiated between a Landlord and a person looking to rent the vacant unit. Negotiation will also determine which services (such as hydro or parking) are included. Once the tenancy begins, rules in the Residential Tenancies Act apply. Receipts for rent are only required
Assigning a unit means that the Tenant has permanently moved out of the unit and transferred the tenancy to another person. Terms of the original rental agreement remain the same (the amount of the rent and what services are included, etc.) and the new tenant is obligated to the landlord