Background …
Here is a description from the Ontario Ministry of Housing about the Ontario Standard lease for residential rentals – the penalties for not following it are unreasonable, but … You can get your copy here. https://t.co/vSeyW5ABZf
— Landlord Relief (@LandlordRelief) August 31, 2018
It is now the the law in Ontario that residential rentals (with limited exceptions) are subject to the provisions of a standard lease. The standard lease simply ensures that the lease reflects the provisions of Ontario’s “Residential Tenancies Act”. A more detailed description is available here.
This was part of a package of “reforms” enacted in the last days of the Wynne Government – enacting legislation designed to provide further (as if they didn’t already have enough) protections for Toronto tenants in an increasingly tight rental market. These “reforms” included a provision that requires an Ontario landlord who is terminating a lease in order to move into his own property to compensate the tenant by paying the tenant one months rent.
On the one hand …
Residential leases must be consistent with the Residential Tenancies Act, so why not: "New Ontario Standard Lease Arrival" https://t.co/uMYGqS0sZK via @landlordrescue
— Landlord Relief (@LandlordRelief) August 31, 2018
On the other hand …
Although Ontario law now requires the use of a standard residential lease which creates minimum obligations, this post by @Harry_Fine explains why landlords can/should include an appendix with additional terms https://t.co/1IE5FCv3cz pic.twitter.com/OeRABBAeUp
— Landlord Relief (@LandlordRelief) August 31, 2018
Conclusion …
The “standard lease” is now the law in Ontario. Don’t rent a home without it!