The contract must be signed by the landlord and tenant. The lease in Ontario must contain the following data: The approximate time to enter into this contract is 30 minutes. If both parties sign the lease, it is kept for the duration of the rent for the personal minutes of each party. Before renting an apartment or house, both the owner and the tenant want to protect themselves with a document favorable to the law. This is achieved through a housing rental agreement. This agreement is between the landlord and the Tenant(s) in Ontario. It is signed by both parties. The main purpose of this contract is to define the rental conditions; the sum of the monthly rent; the terms of payment for public services; the conditions of maintenance of the devices, etc. The agreement is very important in case of dispute. The new form contains binding clauses and standardised information that landlords must provide to tenants who entered into a written lease on or after 30 April 2018. Landlords can add clauses to section 15 of the new standard rental form to address terms and/or describe responsibilities that are unique to their rental agreement or rental unit/property. All landlords renting in Ontario should be aware that the province has introduced a new standard lease form to be used for written residential tenancy agreements in Ontario that will be entered into on and after April 30, 2018.