Want a Copy of the New Standardized Lease Agreement for Ontario, taking effect April 30, 2018?
Last week, the Ontario Government released a new standardized lease agreement for private residential leases which includes; single and semi-detached houses, apartment buildings, rented condos and secondary units.
The landlord is required to provide one within 21 days of the request. The Tenant can withhold 1 Months Rent if One is not provided!
When the Government announced that they were creating a standardized lease, OREA worked closely with the Ministry of Housing and participated in their consultations. It was important for OREA to ensure that landlords and tenants be given some flexibility in the terms of the lease. This is why we were pleased that the government included an "additional items" section in the standardized lease.
You can download the new form below: