26. Property rented back to the seller
This Buyer agrees to lease the property back to the Seller on and from the date for completion for a period of [1] month(s) at a monthly rental of $[2] to be paid by the Seller to the Buyer monthly in advance from the date of settlement. The Seller shall pay a bond of equal to four weeks rent upon completion. The parties agree that the terms of the tenancy shall be those as are contained in the standard RTA Residential Tenancy Agreement a copy of which is annexed hereto and the parties agree to execute the tenancy agreement contemporaneously with completion of this Contract.
LEGEND:
[1] period of tenancy
[2] rent per week in advance