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The approximate time for the conclusion of this agreement is 30 minutes. Standard rent is part of Ontario`s Fair Housing Plan, which includes 16 comprehensive measures to make housing more affordable for homebuyers and tenants, while creating stability in the housing market and protecting homeowners` investments. The plan also includes an extension of rent control protection for Ontario tenants, which means that as of April 20, 2017, approximately 1.3 million rental units are protected from sudden and unexpected increases – including all private market rentals, whether located in public buildings, rental units or apartments. In 2018, these increases are limited to 1.8%, and future increases must not exceed 2.5%, unless the lessor has the agreement of the landlord and the rental office. This means that about one in five people in Ontario living in a private market rental unit is protected by rent control. When both parties sign the rental agreement, it is retained for the personal registration of each party for the duration of the rent. The main purpose of this contract is to determine the terms of the lease; The sum of the monthly rent The terms and conditions for payment of supply fees; maintenance conditions for the devices, etc. The agreement is very important in the event of a dispute. The Ontario lease agreement must contain the following information: If the landlord and tenants have other agreements or obligations, these documents must be attached.

Before renting an apartment or a house, the landlord and tenant want to cover themselves with a legal document. This goal is achieved through a rental agreement. This contract is between the lessor and the tenant (s) in Ontario. It is signed by both parties. The standard tenancy agreement reduces the use of illegal conditions and possible misunderstandings caused by oral leases, making it easier for landlords to manage their business and for tenants to understand their rights and obligations. A standard leasing guide that is published in many languages to ensure that more people understand their rights and what they agree on when they sign a new lease. The lease is available in 23 languages: Arabic, simplified Chinese, traditional Chinese, English, Farsi, French, German, Greek, Gujarati, Hindi, Italian, Korean, Polish, Portuguese, Punjabi, Romanian, Russian, Spanish, Tagalog, Tamil, Ukrainian, Ukrainian, Urdu and Vietnamese.