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Standard Lease for Condo Rentals

Toronto Condo News
Publication date:
April 26, 2018
Article Summary: 

Starting April 30, 2018, any condo owner in Ontario who is leasing their unit will be required to use a standard lease. The new lease is written in plain language and includes basic information such as names, rent, and terms or rules about the rental unit and building. Its aim is to reduce confusion and ensure landlords do not include illegal restrictions or charge improper fees. The standard lease includes a section for landlords who do not want tenants to smoke in the unit and a section for additional items. It is available in 23 languages with an accompanying guide.


Standard Lease, Condo Rentals, Ontario

Source Citation: 
Toronto Condo News
Standard Lease for Condo Rentals
April 26, 2018
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