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OCR Standard Lease Form

OCR Standard Lease Form

Aug 6th, 2022

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How to OCR Standard Lease Form

4.7 out of 5

49 votes

In this video, Bradley discusses a new standard lease document required for all rental units in Ontario starting April 30th. Failure to use this document can result in fines—$25,000 for individuals and $100,000 for corporations. He encourages viewers to guess his location, revealing a scenic view of Toronto with the CN Tower visible. Bradley highlights a surprising aspect of the lease: assignments, which allows tenants to replace themselves with another tenant if they decide to move out. He hints at further insights about the lease document, emphasizing its significance in Ontario's rental landscape.

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