Condo Owners Association COA

Mandatory Provincial Residential Tenancy Agreement

Landlords, Tenants and  Realtors remember to read important information on the new mandatory Standard Lease Form which has come into effect May 1, 2018.

Ontario's Fair Housing Plan and Rental Fairness Act changes include an initiative by the Provincial Government to introduce a new standard lease for private residential leases signed on or after April 30, 2018 including tenancies in:
  1. Single Detached Homes
  2. Semi-Detached Homes
  3. Apartment  Buildings
  4. Condominiums
  5. Secondary Suite - ie basement apartments

Click here to download the new form

For more information and an FAQ, visit the Ministry of Housing


REALTORS:

Revisions to the OREA Form 400: Residential Tenancy Agreement (Standard Form of Lease)

OREA revisions to Form 400 in response to the new requirements per the Residential Tenancies Act. The Form #400 revisions are as follows:
  1. Clause 12; first line was revised to identify the lease will be drawn by Landlord on the standard form of lease as per Residential Tenancies Act (RTA) & 
  2. Clause 13; is a new clause for party (landlord and tenant) acknowledgement that there will be a standard form of lease as prescribed by RTA.  All form Clauses were re-numbered thereafter.
  3. Note: The purpose of OREA Form #400 Agreement to Lease - Residential is as a negotiating tool only and the mandatory government standard lease form for landlords is the actual formal lease document.  
  4. Further, three OREA Standard Clauses were deleted due to effects of RTA amendments; OREA Standard Clauses in LEASE/RES Clause 2, 8 & 14


Other Important Information

Please Note:  Standard lease form does not apply to most social and supportive housing, retirement and nursing homes, mobile home parks and land lease communities, or commercial properties. The government will develop separate standard leases to address these other types of residential tenancies.


 
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