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foreign [Music] were going to talk about the five things that you need to know about the Ontario standard lease this is for realtors number one the form 400 is the agreement kind of like an offer to lease a property it is the first step and often the stepping stone when an Ontario standard lease is signed after form 400 is signed which is actually a requirement of your your brokerage then the Ontario standard lease can be signed either side either the listing brokerage or the cooperating brokerage the landlord or the tenant can draft the Ontario standard lease number two the landlord is required to provide an address for service of notices this is a requirement often people leave this section of the Ontario standard lease blank well if a landlord does not want to provide their current address of where they currently reside they can obtain a PO box code or PO box number from a Canada Post and include that as their address for service but you cant leave this section blank number three
