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In the context of a sublease, the head lessee maintains the role of tenant with the head lessor as landlord, while in an assignment, the head lessee is removed from the relationship and the sublessee becomes the tenant of the head lessor in its place.

Yes, the Ontario Standard lease is mandatory for landlords. All residential tenancies in the private rental market that started on or after April 30, 2018, are required to have the lease. There are a few places where it is not used, like: Care homes and mobile home spots.

The process of assignment of a lease is essentially selling the lease to a third party (the ?assignee?). If you are a commercial property tenant, your contract likely contains a clause that allows you to assign your lease to a new tenant.

Landlords and tenants, take note ? as of April 30, 2018, in Ontario a new standard form lease will apply to all tenancies in houses, apartments, condominiums, and basement units. The standard form lease seeks to enhance clarity and consistency while avoiding unnecessary disputes.

An assignment of a lease involves the new tenant (commonly referred to as the assignee) agreeing to take on all of the existing tenant's (commonly referred to as the assignor) lease obligations. The transfer of the interest is for the remaining duration of the lease.

The tenant may occupy the rental property on . This is a month-to-month (periodic) tenancy. If the first month of the tenancy is a partial month, prorated rent of $ shall be paid for the first month, and thereafter day of each month. The landlord shall provide a receipt to the tenant for rent paid in cash.

You must ask permission from the landlord if you wish to sublet or to assign your unit. It is important to ask for permission in writing so that you have proof that you made the request if there is any dispute later on.

After you ask for a standard lease After you ask in writing, your landlord must give you a standard lease to sign within 21 days. If they do not give you a standard lease, you can hold back one month's rent. If they then give you the lease within 30 days after you held back rent, you must pay the money back.

Can you add someone to a lease? Have the new tenant fill out a rental application and pay an application fee. Screen the potential tenant as you would any other rental applicant. If approved, draw up a new lease agreement or lease addendum for all parties to sign.

There are two types of lease in Nova Scotia. The first is a fixed-term lease which begins and ends on the dates specified on the lease. There is no automatic renewal clause on a fixed-term lease. A periodic lease can be week-to-week, month-to-month, or year-to-year.