Agreement to Lease

When you've found the right rental property and you're ready to submit an offer to lease, there's quite a bit of paperwork involved. But every form exists for a reason: to make sure you're fully protected, everything is crystal clear, and all parties are on the same page before you commit. Tory walks you through every document so you know exactly what you're signing and why. Here are the typical forms included when putting in an offer to lease on your behalf:

1. Form 400: Agreement to Lease

This is the core document when submitting an offer on a rental property. It outlines the property address, the monthly rent, the proposed lease term, included utilities or appliances, any conditions (such as references or credit checks), and the move-in date. Tory ensures every term is fair and in your favour before it goes out.

2. Schedules (Listing Brokerage)

Depending on the listing, the landlord's brokerage may provide additional schedules or addendums with specific terms or conditions attached to the lease. Tory reviews every schedule with you so there are no surprises.

3. Form 324: Confirmation of Cooperation (Tenant and Landlord)

This form confirms the cooperation between the listing brokerage and the tenant's brokerage. It outlines how commissions or referral fees are handled between the two parties. Standard administrative form that keeps the business side transparent.

4. Form 410: Rental Application

This is the application you submit alongside your offer. It typically includes your employment information, income verification, references, rental history, and consent for a credit check. A strong, complete application helps Tory present you as a top-tier candidate.

5. Ontario Residential Tenancy Agreement

This is the standard government-issued lease agreement that governs the rental relationship under Ontario law. Note: this form can be ended within 14 days of the start of the lease if either party chooses to cancel. It typically comes into play after your Agreement to Lease has been accepted.

Additional Forms

Depending on the specifics of the property and the landlord's requirements, additional forms may be included on a case-by-case basis. Tory will always explain any additional paperwork before you sign.

---

Supporting Documents to Strengthen Your Offer

Credit Report

A full credit report is usually required. Tory typically runs this through SingleKey, a trusted tenant screening platform, so the landlord can see your creditworthiness clearly.

Proof of Employment or Income

If you're employed, a letter of employment from your employer confirming your position, salary, and length of employment. If you're self-employed, articles of incorporation or a business license to verify your business.

Income Verification

Recent pay stubs covering the last 2 to 3 months if you're employed, or a history of income for the last 3 to 6 months if you're self-employed.

Reference Letters

References from people who know you and can vouch for your character are valuable, but prior landlord references hold the greatest weight. A glowing reference from a previous landlord is one of the strongest tools in your application.

Other Optional Items

Depending on your situation, there may be additional documents that can strengthen your application. Tory will discuss these with you if needed.

Guarantor or Co-Signer

In some cases, a guarantor or co-signer may be needed to help support your offer. This is common for first-time renters, students, or individuals building their rental history.

---

Renting a home involves more paperwork than most people realize, but that paperwork is your protection. Tory makes sure you understand every document, every term, and every condition: so you can sign with confidence and move into your new home with peace of mind.