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How Can Tenants Break a Lease Early in Ontario?
While the Ontario Residential Tenancies Act provides many safeguards for tenants, there are few protections when a tenant wants to break their lease early.
When paying rent monthly in Ontario, landlords must be provided with 60 days notice to terminate a lease, and the termination date cannot precede the expiry of the lease agreement. Occasionally, landlords may be agreeable to ending a lease with 30 days notice if a tenant is renting month to month.
However, if a tenant is only partly through their fixed term lease or providing far less than 60 days notice, breaking the lease early can be further complicated, with most financial risk and repercussions falling unto the tenant themselves.
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The Legality of Ending a Lease Early
A lease agreement is a legally binding contact, primarily verifying a tenant's commitment to monthly rental payments at a property for a specified period of time.
As with any other legally binding contract, there are few exit strategies. Landlords in Ontario maintain a legal right to hold a tenant re
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