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In response to a question about writing a rental contract, the speaker explains that rental contracts vary by location, specifically mentioning Ontario's standard lease that came into effect in April 2018. This standard form simplifies the agreement between landlords and tenants, ensuring validity and adherence to legal guidelines. Tenants can feel confident that their contracts are legitimate, and landlords benefit from a clear structure rather than creating arbitrary terms. The process of completing the lease is straightforward, but complexities can arise in other areas that require additional consideration.
