Archive for the ‘Ontario Lease Clauses’ Category

Ontario Standard Form of Lease – Top 100 Clauses You NEED To Add To Avoid Potential Disaster in 2022!

Monday, May 2nd, 2022

Protect Your Rental Business By Adding The Top 100 Key Clauses to the Ontario Standard Lease Recommended by Experienced & Success Ontario Landlords & Property Managers. This is “VITAL” for Ontario Landlords in 2022!

We wrote before about the fact that as of April 30th, 2018 Ontario Landlords have to use a government created “Ontario Standard Lease” when you rent to new tenants. The Ontario government created a new lease that landlords much use after tenant activists accused landlords of using illegal clauses in leases and creating a “wild west” environment.
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Updated Ontario Standard Lease Must Be Used For Tenancies Beginning March 1st

Friday, March 5th, 2021

Reminder to landlords in Ontario on March 1st, 2021 we must use the new version of the government lease 

Ontario landlords know that we need to use the Ontario Standard Form Of Lease. Previously, residential landlords were allowed to create their own leases customized for their tenants.

Fortunately, with the government lease landlords can still add important clauses to protect our rental properties.

What’s Different About The Updated Lease?

OLA members have been discussing this on our forum. Some of the changes include things like allowing for the use of electronic signatures and clarifying the penalties for not following the rules and for “bad faith” evictions.

Where Can I Download The New Updated Lease?

Please click this LINK to download the updated lease.

Where Can I Discuss The Updated Lease And How To Add Lease Clauses?

Join our busy Members forum to discuss this and all other questions you have.

The key to being a successful Ontario landlord to to be proactive and solve issues before they become larger problems.

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