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The document is an 'Agreement to Lease' for residential property in Toronto, outlining the terms between a Tenant and a Landlord. It includes details such as the premises being leased, lease term, rent payment structure, deposit requirements, use of the premises, services and costs associated with the lease, and additional terms. The agreement also covers notices, execution of the lease, insurance obligations for the Tenant, and provisions regarding personal information. It serves as a binding contract for both parties.

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Is there a standard lease agreement in Ontario?

The standard form of lease must be used for most residential tenancy agreements (leases). Member units in co-operative housing, and ▪ Any other accommodation that is exempt from the act (see section five of the act). A new landlord has the same rights and duties as the previous landlord.

What happens if you dont give 60 days notice in Ontario?

If you dont, the tenancy continues. Fixed-term: If you have a fixed-term tenancy, like a one year lease, then you must give notice at least 60 days before the end of the lease. The termination date cannot be before the last day of the fixed term. If you dont give notice, the tenancy continues.

What happens at the end of a lease in Ontario?

The end of a fixed term tenancy or lease does not mean that the tenant has to move out or sign a renewal or new lease in order to stay. The lease is renewed automatically on a month-to-month basis (if the rent is paid monthly) or week-to-week basis (if rent is paid weekly).

How much notice does a landlord need to give to enter Ontario?

Landlords are required to give 24 hours written notice to enter the rental unit. A landlord can only enter a unit without written notice if it is an emergency situation (e.g., a fire or flood) or if the tenant agrees to it.

Who fills out the Ontario standard lease agreement?

For most new tenancies, the landlord and tenant must use and sign the Residential Tenancy Agreement (Standard Form of Lease) developed by the Government of Ontario before the tenant moves in. However, there may still be a valid tenancy agreement if this form is not used.

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Is an agreement to lease legally binding Ontario?

Ontarios Courts have said that, to be valid and enforceable, an agreement to lease must show the parties, give a description of the premises, set out the commencement and duration of the term, the rent, and all the material terms of the contract that are not just incidental to the relationship of landlord and tenant.

Do you have to give 60 days notice at the end of a lease in Ontario?

Fixed-term: If you have a fixed-term tenancy, like a one year lease, then you must give notice at least 60 days before the end of the lease. The termination date cannot be before the last day of the fixed term. If you dont give notice, the tenancy continues.

What is the 60 day notice form in Ontario?

The proper form is the N9, a tenants notice to terminate the tenancy. For most tenancies, you must give minimum 60 days notice and the date you are moving. The 60 days is between the date you signed the N9 and the date you listed as your termination date. You do not need to say why you are moving.

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Is there a standard lease agreement in Ontario?

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Is an agreement to lease legally binding Ontario?

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