Real Estate

Lease agreement Ontario

  • Last Updated:
  • May 8th, 2018 5:48 pm
May 7, 2018
1 posts

Lease agreement Ontario

Hi there!

I'm moving to downtown Toronto this summer and working with a realtor to look for places to lease for a year. I made an offer using Form 400 (Agreement to Lease) and signed that and the new Ontario Standard Lease form. We did specify on Form 400 that our offer expires within 24 hours. Our offer has expired and the landlord has not agreed with us and had stated that they want to wait for other offers. Can I enter into a new rental agreement now? I am worried that the new Ontario standard lease form has been signed already and that form does not have any section for offer expiry.

Please advise!

Thank you