Ontario Lease Assignment

lease assignment ontario reddit

Hi everyone!

I'm looking to assign my lease to someone else, I was wondering what I as a tenant need to do to make this happen. I have several interested parties that are interested in taking over the lease for the remainder of my contract.

However, do I just hand the contact information over to the landlord and let them talk about it?

The issue that I would probably have is that he's asking for a candidate similar to me. These are the terms that they laid out as conditions to assigning a lease.

An excerpt of the email that was sent back to me.

As per your request to terminate your existing lease, we are open to you assigning the remainder of your contract to another tenant.

We have the following standard conditions:

The assignee will be taking over only the remainder of your lease

The lease will not be subject to any changes in conditions or rental value

The assignee will be of good Financial and Credit status with a steady job

Current Employment letter shall be provided to us

Recent Credit Report should also be forwarded to us

The charges and fees associated with the transfer of the lease will not be visible to us Points 4 & 5 are usually easily provided by an Real Estate Agent

Please let me know if you have any further questions/concerns.

' src=

Yes, you hand over what you believe is a valid candidate and then the landlord has to assess them. They can't unreasonably say no but all the continues they listed are reasonable.

You are responsible for his reasonable costs of verifying the new tenant (such as fees for credit checks and other verification work done by a real estate agent)

Would the first condition be unreasonable though re: it forces a termination date upon the potential assignee?

What if the assignee intended to stay month-to-month after their lease expired?

But lets say I can't find a new tenant that fits their bill, what are my options?

Can they charge me the realtor's fee for finding a new tenant?

I would find two of the conditions to be unreasonable.

The first condition is unreasonable because the wording makes it seem like it forces a termination date upon a prospective assignee. A lease, once the term ends, automatically goes month-to-month and the tenant can elect to stay if they choose to.

The third condition is unreasonable because it discriminates under the Ontario Human Rights Code. See here: http://www.ohrc.on.ca/en/policy-and-guidelines-discrimination-because-family-status/x-housing#fn67

Some landlords require that potential tenants have ‘stable’ long-term employment. This requirement can be problematic for caregivers returning to the workforce after lengthy periods as full-time caregivers. Requirements that applicants be employed on a permanent basis or satisfy a criterion of minimum tenure with an employer have been found to discriminate on Code grounds.

About Community


  1. Commercial Lease Assignment from Tenant to New Tenant

    lease assignment ontario reddit

  2. Ontario's new standardized lease agreement is a renter's dream

    lease assignment ontario reddit

  3. Assignment Agreement For A Property Lease

    lease assignment ontario reddit

  4. Understanding the New Ontario Standardized Lease Agreement

    lease assignment ontario reddit

  5. Get Up To Date With The New Ontario Rental Agreement

    lease assignment ontario reddit

  6. The New Ontario Standard Lease Agreement [Free Download]

    lease assignment ontario reddit


  1. Lease 10 13 22

  2. Leases 101

  3. Fast5Xpress Car Wash

  4. MGT601 GDB solution 2022-Semester Autumn 2022-VU-SME Management

  5. 59 Paisley Court Chatham Ontario for lease

  6. Buy, Sell Or Rent


  1. Lease assignment [ontario canada] : r/legaladvice

    Lease assignment [ontario canada]. Hi folks,. My girlfriend and I found a really great apartment at much less than we are paying now.

  2. Lease Assignment advice. : r/legaladvicecanada

    You can download it here. https://tribunalsontario.ca/ltb/forms/. 3. If the landlord refuses to sign it then there is always the option to

  3. Lease Assignment and Questions? : r/ontario

    I've been trying to assign my lease and I have a few questions. I asked my landlord before I posted anything and asked permission to assign my lease…

  4. Steps / Forms for Assigning Lease? : r/PersonalFinanceCanada

    Hi all, I am looking to assign my lease to a new tenant but the steps aren't clear to me. I'm in Ontario. Do I first ask permission from the

  5. Question about cancelling or assignment of a lease. : r/TorontoRenting

    From my understanding, I can ask the landlord to assign the lease, ... All the leases in Ontario have an option to sublet or reassign with

  6. Question About Assigning a Lease : r/ontario

    your choice of tenant to assign into your lease is subject to approval by your landlord. They cannot unreasonably deny your assignment request, but if the

  7. Lease assignment and questions? : r/ontario

    I currently just signed a lease to a condo in Toronto (May 5th) and am having second thoughts about it since moving in.

  8. Lease assignment : r/ontario

    Sounds like your landlord has arbitrarily denied your lease assignment. Now you can leave with just 30 days notice.

  9. Ontario, Canada

    Would my roommate have to sign a new lease as well? Can my landlord change the terms of the lease after the new lease assignment? I just want to

  10. Ontario Lease Assignment : r/legaladvicecanada

    Ontario Lease Assignment. Hi everyone! I'm looking to assign my lease to someone else, I was wondering what I as a tenant need to do to make