Rent Control Bulletin: Province Release – Mandatory Lease Form
As expected, Ontario has introduced the mandatory “Prescribed Lease” to be
used for all standard apartment rental units and tenancy agreements which are
entered into on and after April 30, 2018. This means that Landlords will have a
very short time frame within which to change their administration process and
implement the new form for new tenancies. Here is a link to the “Standard Lease”
form for your review: Standard Lease Agreement
You may download a fillable version of the Standard Lease on the link below,
although you will have to save it to your desktop to view it.
Fillable Standard Lease Agreement
The Government form allows landlords to add “Terms and Conditions” which can
form part of the tenancy agreement and for most landlords, the additional terms
and conditions, which deal with issues like parking restrictions, rights of entry,
Cannabis cultivation, insurance, “Rules and Regulations”, etc., are key to
preserving orderly rental operations.
The London Property Management Association (LPMA) has been working with us
for the past few months to draft Terms and Conditions for incorporation into the
Mandatory Lease form and it is expected to be finalized within the next week for
distribution and licensing to interested landlord associations and members. LPMA
has drafted all versions of the standard industry lease form used by LPMA, HDAA,
WRAMA, GTAA and FRPO for the past few decades and will ensure that the
Mandatory Lease and the Terms and Conditions are available in print form and in
electronic form by the end of February. The Mandatory Lease from is 13 pages
long! The additional Terms and Conditions will extend the document further, but
that’s what happens when the government tries to micro-manage your rental
operations.
There will be some opportunities for you and your staff to get up to speed on
implementation and use of the new form: Lawyers and Paralegals from Cohen
Highley will be presenting at each of the following industry, Law Society, and legal
education events:
LPMA Members’ Dinner and General Meeting on March 13th, 2018 (Joe
Hoffer)
FRPO RTA Seminar on April 4, 2018 in Toronto (Joe Hoffer)
FRPO RTA Seminar on April 10, 2018 in Hamilton (Mark Melchers)
FRPO RTA Seminar on April 12, 2018 in Scarborough (Joe Hoffer)
FRPO RTA Seminar on April 17, 2018 in London (Shannon Kiekens)
FRPO RTA Seminar on April 24, 2018 in Ottawa (Emma Sims)
FRPO RTA Seminar on May 3, 2018 in Toronto (Kristin Ley)
Law Society of Ontario Webcast “The Rental Fairness Act, 2017:
What Paralegals Need to Know in 2018” on March 2, 2018 (Joe Hoffer and
Mark Melchers)
Osgoode/University of Toronto “Residential Landlord-Tenant Disputes:
Practice Realities and the Impact of Bill 124” on April 6, 2018 (Joe Hoffer
and Kristin Ley)
Start training your staff now and make sure that any lease that is to take effect on
or after April 30, 2018 is in the “Prescribed Form”!
If you have any questions about the lease, you may contact Joe Hoffer at 519-
672-9330 or hoffer@cohenhighley.com.
If you would like to read any of our previous bulletins, you can find copies at this
link: Cohen Highley LLP’s Rent Control Bulletins
