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In response to audience questions about real estate, the speaker addresses how to write a rental contract, noting that these contracts vary by location. In Ontario, a standard lease agreement was introduced in April 2018, which simplifies the process for both landlords and tenants. This standard form ensures that landlords use a valid agreement, eliminating previous practices where they could create their own terms. The process to complete the lease is straightforward, as it provides clear instructions on the necessary information to include. However, complexities can arise in certain areas of the lease.
