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Legal,  Trending News

What students need to know before signing a rental housing lease

Information from Advocacy Centre for Tenants Ontario (ACTO): It’s that time of the year again – the start of a new school year.

If you’re a university or college student studying away from home, you probably started searching for off-campus housing to rent. Some of you may have already signed a lease with your new landlord. But did you know that as of April 30, 2018, most residential tenancy agreements in Ontario must use a standard form lease?

The standard form lease is a plain language agreement meant to ensure that both tenants and landlords understand their rights and responsibilities. It is also intended to eliminate illegal terms found in many old leases and prevent misunderstandings that could arise from verbal tenancy agreements.

Here’s what you need to know about Ontario’s standard form lease:

The Standard Lease Applies to Almost all Types of Properties 

The standard form lease applies to almost all types of residential properties, except care homes, mobile park homes and land lease communities. Cooperative housing and transitional housing that meet certain requirements are also exempt from using the standard lease.

If you are signing a fixed-term lease for an apartment, a condominium unit, a basement apartment, single or semi-detached houses, a granny suite or a laneway home, then your landlord should be signing an agreement with you using Ontario’s new standard lease.

Read more: What students need to know before signing a rental housing lease

First published at http://yourlegalrights.on.ca/news/what-students-need-know-signing-rental-housing-lease

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