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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.
There are a lot of tenancy agreement templates that can be used by the landlord and tenant. These templates can be downloaded freely online and edited to suit your own situation. The most important thing is to ensure that the most important contents are captured in any tenancy agreement template.
The standard lease is mandatory for most private residential tenancies for new agreements signed on or after April 30, 2018.
Your rental agreement will include: the landlord's and tenant's names, addresses and contact information. the length of time you agree to stay in the rental unit. the monthly rent amount. the date you must pay rent. the services covered by the monthly payment, such as electricity or parking. any separate charges.
The rent increase guideline The guideline is set by the government. By the end of each August, the government announces the guideline for the next calendar year. For the year 2022, the guideline amount is 1.2% and for 2023, it will be 2.5%. The rent increase guideline for the year 2021 was zero percent.
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Landlords of most private residential rental units must use this form (standard lease) when they enter into a tenancy with a tenant. Until February 28, 2021, a landlord and tenant may use either the old or updated version of the standard lease for their tenancy agreement.
The Government of Ontario passed legislation to freeze rents at 2020 levels and will not increase in 2021 for the majority of rented units covered under the Residential Tenancies Act. This will be in effect until December 31, 2021.
It does not have a pre-determined end date. Landlords require 30 days' notice from tenants and landlords must give tenants 2 months' notice to end such an arrangement.
The use of the model is entirely voluntary. There is no legal requirement to use it - although landlords and tenants will be able to do so with confidence. If you plan to use the agreement also see the how to rent guide.
The rent increase guideline is the maximum amount a landlord can increase rent during the year for most tenants without the approval of the Landlord and Tenant Board. The rent increase guideline for 2022 was 1.2 per cent.

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