Tomasz  Witek

Tomasz Witek

Salesperson

YOUR CHOICE REALTY CORP., Brokerage*

Mobile:
613-314-1199
Office:
(613) 369-5199
Email Me
Tomasz  Witek

Tomasz Witek

Salesperson

YOUR CHOICE REALTY CORP., Brokerage*

Mobile:
613-314-1199
Office:
(613) 369-5199
Email Me

Condos For Sale-For Rent-Rental Agreement-Eviction Notice-Tenancy Agreement-Rental Lease Agreement-Lease Contract

Hi This Is Tom Witek With Your Choice Realty Corp. Brokerage Bringing You Market Updates That Affect Our Ottawa Community And Our Ottawa Neighbourhoods.

Recently, The Provincial Government Has Released A New Standardized Lease Agreement For Private Residential Leases.

These Is Anytime You Enter A Lease Agreement With A Tenant For Single Homes, Semi-Detached Houses And TownHomes, As Well As Apartment Buildings, Rented Condominium Units And Secondary Units. Such As Basement Dwellings, Duplexes And Triplexes.
 
This NEW Standardized Lease Agreements Are Effective As Of April 30th, 2018. The Government States That All Leases Used By A Landlord Must Be The Newly Enforced Standardized Lease.

They Emphasize That For Any Lease That Is Signed After April 30th, 2018 That Is Not The Standard Lease, YOUR Tenant Will Have The Right To Ask You As Their Landlord For A Standardized Lease IN WRITING. You As Their Landlord Are NOW Required By Law To Provide The New Standardized Lease Agreement Within 21 Days Of The written Request. Here Comes The Stick: The New Standardized Lease Agreement is not provided, YOUR Tenant Can Withhold One Months Rent. More POWER To The Tenant!
 
It Is Important For Organized Real Estate Industry To Help Landlords In This Transition And To Help To Ensure That Our Clients, The Landlords And Tenants Be Given Some Flexibility In The Terms Of The Lease.

The Government Did Listen To Our Appeals And Has Included An "Additional Items" Section In The NEW Standardized Lease Agreement.

This Is Section 15, Which States: The Tenancy Agreement Includes An Attachment With Additional Terms That The Landlord And Tenant Agreed To: It Will be Very Interesting To See What Landlords Will Try To Put In Such An Attachment, And Whether Such Terms Will Comply With Various Legislations In The Current Law.

If You Require The New Lease, YOU CAN DOWNLOAD IT BELOW AS PDF FILE

So Why Would The Government Implement The New Standardized Lease Agreement? I Personally Think This Is A Benefit To Both The Landlord And The Tenant. I Did Examine The Standardized Lease Agreement And I Can Share With You That It Is A Major Improvement Over The Leases And Structures That We Had Up-To-Date. The Issue Was That Landlords Were Using All Kinds Of Different Leases, Different Wording, And Some Were Using Illegal Clauses Within Their Leases Without Even Knowing About It. There Are Simply A Few Instances That You As Landlord Cannot Legally Make Tenants Do.

This New Standardized Lease Agreement Will Streamline The Whole Process And Cut Down On What You Can And Cannot Do.

For Example, Many Landlords And Tenants Did Not Know That The Tenant Is Not Required To Pay Rent By Post-Dated Cheques. Now The New Standardized Lease Agreement Clearly States Within The Lease Wording That The Tenant Cannot Be Required To Pay Rent By Post-Dated Cheques Or Automatic Payments, But Can Choose To Do So.

And There Are Many Examples Just Like That. I Wonder How Many Major Rental Companies Will Deal With This New Standardized Lease Agreement. I Think We Should All Embrace It, To Make The Transition Smooth, In The End This New Lease Will Be A Benefit To All Parties Involved.

The First And Last Month's Rent That Was Common For Landlords To Charge Upfront Before The Tenant Moved In Will Be Changed To

"The Landlord Can ONLY Collect A Deposit For The Last Month's Rent And A Refundable Key Deposit. The Tenant Does Not Have To Provide ANY OTHER FORM OF DEPOSIT, Such As PET or DAMAGE Deposits. 

 "The tenant will pay a deposit of $______ This can only be applied to the rent for the last rental period of the tenancy.

This amount cannot be more than one month’s rent or the rent for one rental period (e.g., one week in a weekly tenancy), whichever is less. This cannot be used as a damage deposit.

Hi This Is Tom Witek With Your Choice Realty Corp. Brokerage Bringing You Market Updates That Affect Our Ottawa Community And Our Ottawa Neighbourhoods.

 

AttachmentSize
CondosForSale-ForRent-RentalAgreement-EvictionNotice-TenancyAgreement-RentalLeaseAgreement-LeaseContract-LandlordTenantAct-LandlordAndTenantAct1.pdf1.15 MB
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Education: Master of Arts, M.A. with specialization in International Affairs. Bachelor of International Business, B.I.B. OREA College Real Estate Education

Languages Spoken: English, Italian, Polish, Spanish