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Introducing Ontario’s New “Standard Lease” Agreement!

Author: 
Toronto Realty Blog.com
Publication date:
February 26, 2018
Article Summary: 

In this blog post, the author discusses the introduction of a new standard lease agreement for rental properties in Ontario, Canada. The new lease agreement, which became mandatory in April 2018, aims to simplify the leasing process and ensure that landlords and tenants are aware of their rights and responsibilities. The blog post provides an overview of the key changes in the new lease agreement, including mandatory disclosure of utility costs, restrictions on rent increases, and new provisions for pets and smoking. The author notes that while the new lease agreement provides greater clarity for landlords and tenants, it is important for both parties to seek legal advice to ensure they fully understand their rights and obligations under the lease.

Keywords: 

Ontario, Canada, standard lease agreement, rental properties, landlords, tenants, rights, responsibilities, utility costs, rent increases, pets, smoking, legal advice.

Source Citation: 
Toronto Realty Blog.com
Introducing Ontario’s New “Standard Lease” Agreement!
February 26, 2018
https://torontorealtyblog.com/blog/introducing-ontarios-new-standard-lease-agreement/
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