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The video tutorial explains the common myths and misunderstandings about rent in Ontario. Rent is decided through negotiation between the landlord and tenant when a unit is vacant, with services like hydro and Wi-Fi included. The Residential Tenancies Act outlines rules for rent, allowing landlords to increase rent once every 12 months with written notice. Tenants can terminate the lease if they feel the rent is too high. In most cases, landlords can only increase rent based on guidelines in the RTA.
