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Commonly Asked Questions about Residential Lease Agreement Packages

A fixed-term lease is the most traditional lease. Theyre called fixed term because tenants and landlords are agreeing to abide by the lease for a fixed amount of time, normally six to 14 months.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
The main difference is that the rental agreement does not specify a length of time for the tenancy; you can give two months (60 days) notice and move out at that time without financial penalty.
No, there is no standard rental application in Ontario. However, the Ontario government has template landlords can use if they choose. This template includes all of the required information that needs to be included in a rental application, such as the applicants name, contact information, and employment history.
This form is a residential tenancy agreement (standard lease). Landlords of most private residential rental units must use this form (standard lease) when they enter into a tenancy with a tenant.
Using a tenancy agreement The most common type is an assured shorthold tenancy or AST agreement. You can download an easy to edit template agreement from Net Lawman pre-customised to the type of property you are letting, such as one for a furnished flat.
If you are entitled to a standard lease but didnt get one, ask your landlord in writing for a copy. Once you request it, they must give it to you within 21 calendar days.
Everyone named in section one, meaning all landlords and tenants in the agreement, must sign the document. This indicates that theyre agreeing to follow the terms laid out inside. Also, if both parties agree to it, this document can also be signed electronically.