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In response to questions about writing rental contracts, the speaker highlights that these contracts can vary by location. In Ontario, a standard lease was implemented in April 2018, which provides a straightforward agreement for tenants and landlords. This standard form ensures that tenants are protected under valid agreements, while landlords no longer have the freedom to create their own terms arbitrarily. The process of completing the standard lease is simple and involves filling out specific information. However, complexity may arise in certain areas as the details are filled in.