A lease termination agreement is advantageous because it is the easiest and fastest way to terminate a lease, and there are no fees or time spent with the landlord and the rental board if the tenant signs the N11 and moves to the agreed date. The law gives tenants the security of the lease, which means that a tenant can occupy the rental unit up to: IMPORTANT: If you make this type of agreement, but you do not move the day you have accepted, your landlord can immediately ask the landlord and the tenant council that you be evacuated. Your landlord can do this without telling you or giving you papers. This can happen even if the agreement is not available in writing. Who: If you and your tenant agree to terminate the lease, you put this form with the corresponding fields, including the name and address of the tenant, your name and address, the address of the lease, the reason for terminating the lease and all the details that lead to this decision to terminate the lease. The N11 is in good shape if the landlord and all tenants agree to terminate the lease. The form is available here: www.sjto.gov.on.ca/documents/ltb/Other%20Forms/N11.pdf Remember to make sure the correct unit address is listed in the form. If tenants do not move before the specified date, the follow-up forms […] 17. There was some inconsistency between the tenant`s statement and S.N. on who was in the office on March 9, 2019, when the tenant received both communications and how many times and how S.N.dem tenant asked if he had signed N11. There were also differences of opinion on the specific information or opinions given by S.N.dem tenant on the possible outcome of a hearing. However, the essential facts that are not in dispute are that if a lease termination agreement is successful and the tenant moves on the agreed date, the tenant only owes the rent until the termination date. The landlord can no longer follow the tenant or tenants after that date.
If your landlord agrees, it is a good idea to submit the agreement in writing.