Yes, it finally happened after years of uncertainty, complexity, and fine print that caused anxiety for both tenants who felt compelled to sign lease agreements that they did not quite understand, and anxiety for landlords who wanted to ensure that they protected their asset.
As of April 30, 2018, residential lease agreements must use a standard form. The standardized lease agreement has certainly simplified what used to be like walking through a land mine; however, it is still a legal and binding agreement that should be taken seriously.
My firm now offers services to both landlords and tenants. For landlords, we will prepare your lease agreement and for tenants, we will review your lease agreement and provide you with an opinion, all at reasonable rates. Call us at 416-967-9100 or contact us online to schedule an appointment.