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Doug P.
  • Investor
  • Kitchener-Waterloo, Ontario
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New Standard Lease for Ontario

Doug P.
  • Investor
  • Kitchener-Waterloo, Ontario
Posted

In case anyone missed it, thought I'd share that as of April 30, 2018 most residential leases must use the new Ontario Standard Lease agreement.

Here's a link for more info and to download the form: http://www.mah.gov.on.ca/Page18704.aspx

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Matt Geerts
  • Investor
  • St. Thomas, Ontario
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Matt Geerts
  • Investor
  • St. Thomas, Ontario
Replied

DO NOT USE THIS LEASE WITHOUT SUBSTANTIAL ADDENDUM! You must use it, but it has zero landlord protection and is dripping with pro-tenant verbiage and notes. You are NOT protected by this lease on its own. There are a handful of good addendum suppliers in Ontario including LPMA and Harry Fine paralegal.

You must also be careful of traps they've put in, such as the agreement to serve by email is ONLY for tenants, not landlords. There's more in there. Buy an addendum package.

Good luck everybody!

(By the way, despite popular outcry, there are no new rules or laws in this lease. If you didn't know those notes were true, you haven't read the RTA. GO READ IT)

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