If you’re renting a property in Ontario, it is highly recommended that you sign a written agreement with your landlord to clearly outline the terms and conditions of your tenancy. This agreement is called a residential tenancy agreement.
In 2020, there were some changes made to the standard form of the residential tenancy agreement in Ontario. This form is used by landlords and tenants to create a legal and binding contract that protects the rights of both parties.
One of the main changes made to the 2020 form is the addition of a new section for adding terms or conditions that are specific to the rental unit. This allows landlords and tenants to include any additional agreements that they have made outside of the standard form.
Another important change is the requirement for landlords to provide tenants with a written notice of any rent increase at least 90 days before the increase takes effect. This notice must include the new amount of rent and the date when it will take effect.
The 2020 form also includes new clauses about smoking and cannabis use. Landlords can now include a clause that prohibits smoking of any kind in the unit, including cannabis. This is important for landlords who want to protect their property from damage caused by smoke or cannabis odor.
Overall, the 2020 residential tenancy agreement form is an important tool for landlords and tenants to create a comprehensive and legally binding tenancy agreement. It is important for both parties to understand their rights and obligations before signing the agreement.
If you are a tenant in Ontario, make sure to read and understand the residential tenancy agreement before signing it. If you have any questions or concerns about the agreement, it’s always best to seek legal advice to ensure that your rights are protected.