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Assemble Standard Lease Form

Assemble Standard Lease Form

Aug 6th, 2022

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How to Assemble Standard Lease Form

4.7 out of 5

3 votes

In this video, Bradley discusses a new standard lease that will be mandatory for all rentals in Ontario starting April 30th. Failure to use the correct lease could result in fines of $25,000 for individuals and $100,000 for corporations. He encourages viewers to guess his location, which features a great view of Toronto, including the CN Tower. Bradley introduces the term "assignments," explaining that tenants can legally replace themselves with another tenant if they wish to move out, as outlined in the new lease document.

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