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How do I draft a rental agreement?

Contents of a rental agreement Names of the landlord and tenant and/or their agents. Description of the property. Amount of rent and due dates for payment, grace period, late charges. Mode of rent payment. Methods to terminate the agreement prior to the expiration date and charges if any.

How do I write a letter of intent to rent my house?

Dear (Landlord name), My name is (Your name) and I'm writing to you because I'm very interested in renting the home that's available at (Address or property name). I was particularly interested in this place because (Reasons you want to rent there).

Is standard lease agreement mandatory in Ontario?

Yes, the Ontario Standard lease is mandatory for landlords. All residential tenancies in the private rental market that started on or after April 30, 2018, are required to have the lease.

What is an intent to lease letter?

An LOI is a short written document signed by the landlord and tenant, which describes the basic terms of the lease. By signing an LOI, the landlord and tenant can make sure they agree to fundamental lease terms before taking the time and incurring the expense of preparing and negotiating a lease.

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