Land lord's Corner

Understand correctly about Standard Lease

Landlords of exempt units must still use the standard lease. Nothing in a lease agreement can take away a right under the RTA. 

The rent control exemption has to be included in the standard lease.

Landlords of exempt units may include an additional term under section 15 of the lease stating that the unit is exempt from the rent increase guideline because it meets the exemption set out in section 6.1 of the Residential Tenancies Act, 2006.

Purpose of the standard lease

The standard lease uses easy-to-understand language to help:

English