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In a recent Instagram post, questions about real estate were addressed, starting with how to write a rental contract. Rental contracts differ by location, and in Ontario, a standard lease was introduced in April 2018. This standard form simplifies the agreement process for both landlords and tenants, ensuring validity and clarity. It allows landlords to avoid creating non-compliant agreements and provides tenants assurance of standardization. Completing the form is straightforward, as it details what information to provide. However, complications may arise in specific areas, for which additional guidance may be necessary.
