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In response to a question about writing a rental contract, the speaker explains that rental contracts vary by location. In Ontario, there is a standardized lease agreement implemented in April 2018, designed to simplify the process for both landlords and tenants. This standard form ensures tenants have a valid agreement and protects landlords from creating invalid contracts. To utilize the standard lease, landlords simply need to fill in the required information, as the form guides them through the necessary components. The speaker notes that the process becomes more complex in certain areas, indicating potential challenges that may arise.