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The video addresses a common question about writing a rental contract, emphasizing that these contracts vary by region. In Ontario, a standard lease was introduced in April 2018 to streamline agreements between landlords and tenants. This standard form simplifies the rental process, ensuring both parties use a valid contract. It also prevents landlords from creating arbitrary agreements. The standard lease outlines specific steps and required information to make the process straightforward. However, complications may arise in certain areas, highlighting the need for clarity and adherence to legal guidelines in rental agreements.