Starting April 30, 2018, a new standardized form for rental agreements between landlords and tenants will be mandatory for private residential leases in Ontario, including tenancies in single and semi-detached houses, apartment buildings, rented condominiums and secondary units (such as basement apartments).
With this new mandatory form, the objective is to protect tenants and landlords.
The new lease form is written in easy-to-understand language and is templated to capture basic information such as names and addresses, the total rent and when it's due, and any rules or terms about the rental unit or building. It also outlines the rights and responsibilities of both tenants and landlords, and explains what can (and cannot) be included in a lease. For example, landlords cannot ban guests or pets.
- The form is required for most new private market residential tenancies entered into on or after April 30, 2018, including tenancies in single and semi-detached houses, apartment buildings, rented condominiums and secondary units (such as basement apartments).
- It does not apply to most social and supportive housing, retirement and nursing homes, mobile home parks and land lease communities, or commercial properties. The government is planning to develop separate standard leases to address the unique needs of other types of residential tenancies.
- A standard lease guide will be available in 23 languages by April 30, 2018.
- There are approximately 1.25 million private rental tenancies in Ontario with an estimated monthly turnover of 19,000 units per month.
- Strengthening protection for tenants and ensuring predictability for landlords is part of Ontario's Fair Housing Plan, announced in April 2017, which included 16 comprehensive measures to make housing more affordable for homebuyers and renters, while bringing stability to the real estate market and protecting the investment of homeowners.