If you are renting a property in Ontario, it`s important to have a solid residential lease agreement in place to protect your rights as a tenant. In Ontario, the law requires that all residential tenancy agreements be in writing, and landlords must use the standard lease agreement provided by the government.
The 2019 version of the Ontario standard lease agreement includes some important updates that tenants should be aware of. Let`s take a closer look at what`s new in the residential lease agreement Ontario 2019.
Lease Term: The lease term is the length of time that the tenancy agreement will be in effect. The 2019 version of the Ontario lease agreement now includes a section for the lease term to be specified. This can be helpful for tenants who want to have a clear understanding of how long their tenancy will last.
Rent Increase: The 2019 Ontario lease agreement now includes a section for landlords to specify how and when they may increase the rent. This section is important for tenants to review carefully, as it outlines the circumstances under which a landlord may increase the rent, and how much notice they must provide before doing so.
Pets: The 2019 Ontario lease agreement now includes a section for tenants to indicate whether they have pets or not. If a tenant does have a pet, they may be required to pay a pet deposit or additional rent. Landlords may also set rules for pets, such as a requirement for the tenant to clean up after their pet or to keep the pet on a leash when outside.
Smoking: The 2019 Ontario lease agreement also now includes a section for tenants to specify whether they or any guests will be smoking in the rental unit. Landlords may prohibit smoking in the rental unit, or may allow it with certain restrictions (such as smoking only outside or in designated areas).
Subletting: The 2019 Ontario lease agreement includes a section for tenants to indicate whether they will be subletting the rental unit. If a tenant wants to sublet, they must obtain the landlord`s written permission before doing so.
Overall, the updates to the residential lease agreement Ontario 2019 are designed to provide tenants with more clarity and protection. If you are a tenant in Ontario, it`s important to read and understand your lease agreement before signing it. If you have any questions or concerns about your lease agreement, don`t hesitate to speak with your landlord or a legal professional.