Property

Ontario realtors, take advantage of corporate tax rates on the commissions you earn by setting up a personal real estate corporation (PREC) and running your revenues through it.

• This Remuneration Agreement between the realtor, the PREC and the realtor’s brokerage establishes the relationship between the parties and sets out how revenues earned by the realtor will be paid.
• The realtor is engaged by the brokerage as a real estate salesperson and is the incorporator and shareholder of the PREC.
• Remuneration earned by the realtor is paid by the brokerage to the PREC instead of directly to the realtor.
• The Agreement does not create an employment, agency, partnership, joint venture or similar relationship between the brokerage and either of the other parties.
• The PREC and the realtor are responsible for withholding and remitting all required taxes and EI and other contributions.
• The PREC personnel are not eligible to participate in any benefit or compensation programs offered by the brokerage to its own employees.
• The PREC does not carry on business as a real estate brokerage.
• This document complies with the laws of the Province of Ontario, Canada.

Buy and sell commercial real estate property in Ontario with this Offer to Purchase and Agreement of Purchase and Sale for Commercial Property.

• The seller is responsible for all expenses and taxes on the property up to the closing date. The buyer is responsible for those costs from and including the closing date.
• The seller is entitled to all rental revenues up to the closing date. From and including the closing date, the buyer will receive all rents from the property.
• The seller will make available to the buyer all documents, authorizations, records, etc. to allow the buyer to perform its due diligence and complete its inspection and any environmental or structural audits required.
• The buyer agrees to assume the existing tenants and leases, but is not obligated to assume any contracts for supply of products or services to the property.
• The seller agrees not to enter into any new leases prior to closing, and will notify all utility and other services of the change of ownership.
• This legal form is available as a Microsoft Word file and is fully editable to fit your circumstances.
• Intended for use only in the Province of Ontario, Canada.

Take applications from prospective tenants for a rental unit in Ontario with this Rental Application Form for Residential Premises.

This template form is a convenient way for landlords to gather information for pre-screening potential tenants.

Information Required

Applicants are asked to supply information about:

• current employment,
• monthly expenses,
• rental history,
• personal and credit references.

Format and Availability

This form is provided in MS Word format and is fully editable. It can be used by landlords and property managers in Ontario.

Jurisdiction

The Rental Application Form is prepared for use in the Province of Ontario. There is no statutory requirement to use this form under provincial law.

OREA Disclaimer

NOTE: This is not Form 410 issued by the Ontario Real Estate Association and is not subject to the OREA copyright.

Draw up a contract to manage a client's residential property with this Ontario Rental Property Management Agreement.

• The property manager is retained on an exclusive basis to rent, lease and manage the rental property.
• The management fee section contains provisions for either a percentage of total rents or, alternatively, a fixed fee schedule. Additional fees will be charged for such items as preparing NR4 and NR6 forms for non-resident landlords.
• The owner authorizes the property manager to collect rents, sign leases, issue late payment notices, terminate tenancies, undertake legal proceedings, purchase supplies, make repairs, obtain insurance, and pay all recurring bills on the property.
• The owner indemnifies the property manager against claims arising from managing the property.
• The owner agrees to take over responsibility for ongoing contract obligations with vendors, suppliers and contractors if the agreement is terminated.
• This is a downloadable template in MS Word format. Buy the form once, and it's yours to use as often as you require.
• This legal document is intended for use in the Province of Ontario, Canada.

Ontario landlords, hire one of your tenants to act as resident manager of your rental building with this Agreement to Act as Resident Manager.

This Agreement outlines the terms under which Ontario landlords may hire one of their tenants to serve as the resident manager of a rental building.

The agreement is specifically designed for use within the Province of Ontario, Canada, and is made available in a fully editable Microsoft Word format to suit individual circumstances.

Resident Manager Appointment

Under this agreement, the tenant agrees to act as the resident manager of the rental building, in return for receiving either free or reduced rent, along with a monthly management fee.

Duties and Responsibilities of Resident Manager

The resident manager's role encompasses several important tasks, including:

• Collecting rent, late fees, and any other charges due from tenants;
• Issuing eviction and default notices as necessary;
• Inspecting rental units after tenants have moved out;
• Showing available units to prospective tenants;
• Performing groundskeeping duties;
• Conducting building maintenance as required.

Rent a house or apartment in Ontario to a tenant with this standard Residential Tenancy Agreement Form 2229E.

The Residential Tenancies Act, 2008 requires this form of rental agreement to be used for all residential tenancies. All sections of the agreement are mandatory and cannot be changed.

Tenancies to Which the Template Does Not Apply

This template should NOT be used for care homes, mobile home sites, land lease communities, co-operative housing, and most social housing.

Features of the Template

• The standard form Tenancy Agreement includes General Information for both landlords and tenants as well as instructions on how to complete the agreement.
• This is a fillable PDF form issued by the Government of Ontario Ministry of Housing.

Rent a room in your home to a boarder with this Ontario Rooming Agreement to Rent Single Room.

• The rental can be either for a fixed term (such as a school semester), or month to month.
• Rules governing the use and maintenance of the common areas of the home (kitchen, living room, family room, laundry, etc).
• The boarder is responsible for paying a portion of the monthly utilities.
• Restrictions on use of the house phone.
• A late fee will be charged if the rent is not paid on time.
• The boarder is responsible for keeping the room in order and paying for any damages.
• The landlord has the right to enter the room in certain circumstances.
• Provisions for termination of the agreement by either party.
• The form is available in MS Word format and is fully editable to fit your circumstances.
• Intended to be used only in the Province of Ontario, Canada.

Lease a residential premises to a tenant with this Ontario Short Form Residential Lease Agreement.

• Governing Laws. The lease is in accordance with the Short Form of Leases Act and the Ontario Landlord and Tenant Act.
• Deposit. A deposit equal to one month's rent shall be provided by the tenant.
• Maintenance. The tenant shall maintain the rental property and keep it in good condition.
• Assignment and Subletting. The tenant shall not alter the premises, assign the lease or sublet the premises without the landlord's consent.
• Property Taxes. If the tenant is a separate school supporter, the tenant must pay the landlord a sufficient amount to cover the excess of the separate school tax for a full calendar year, and the tenant must pay any increase in property taxes that are levied against the property.
• Holding Over. If the tenant holds over at the end of the term, the tenancy becomes month to month.

Add a smoke-free provision to an Ontario residential lease or tenancy agreement with this free downloadable Lease Addendum form.

• Smoking or vaping of any substance is prohibited within the rental unit, the building and within 5 metres of any window, door or air intake of the building.
• Smoking outside of the building is prohibited within 5 metres of playgrounds and areas where children may be present.
• Registered users of medical cannabis are exempt from the provision only to the extent that they may smoke medical-grade marijuana within their own units. This exemption applies only to the person who has been prescribed the drug.
• This Lease Addendum complies with the Smoke-Free Ontario Act and the Residential Tenancies Act.
• Download the form in MS Word format.

Create a Smoke Free Policy for a multi-unit rental building with this easy downloadable template for Ontario landlords.

• The policy is consistent with the requirements of the Smoke-Free Ontario Act and the Residential Tenancies Act.
• Smoking is prohibited throughout the rental premises and common areas, with the exception of designated outdoor smoking areas (if any - this is optional).
• All new leases will contain no smoking provisions. Existing tenants will be allowed to smoke within their rental units unless they consent to opt into the policy.
• Staff and contractors are required to comply with the policy and with the Smoke-Free Ontario Act.
• Persons who are registered to use medical marijuana are exempt from the policy within the confines of their own unit, but recreational cannabis use is governed by the policy.
• Failure to comply with the policy can result in termination of the tenancy and in the case of a contractor, termination of the service contract.
• This Smoke Free Policy refers to specific provincial laws and is intended for use only within the Province of Ontario.