Paperwork Explained

Landlord Representation Agreement

What you're signing and why it matters. Every form has a purpose, and every purpose is to protect you.

If you're renting out your property, having a dedicated listing agent working on your behalf isn't just convenient, it's protection. A landlord representation agreement establishes a formal relationship between you and the brokerage, ensuring your property is marketed professionally, your interests are prioritized, and every detail is handled with care. Without this agreement in place, you're exposed to ambiguity about who's representing you and how. Signing this upfront means you're covered from day one.

Form 272: Landlord Designated Representation Agreement

This is the official agreement that establishes the listing relationship between you and the brokerage for leasing your property. It outlines the terms of the agreement, the listing strategy, commission structure, and duration. Tory is your designated representative, meaning she is legally obligated to prioritize your interests as the property owner.

Brokerage Schedule B

This document details the specific services Tory and the brokerage will provide to you as your listing agent. It breaks down exactly what you get: professional photography, marketing, listing exposure, tenant screening support, showing coordination, lease negotiation, and more. No hidden surprises, just a clear outline of the value Tory brings to renting your property.

Form 209: Discretion to Share Substance of Offers

This form gives Tory the discretion to share the substance of tenant applications and offers with you during the screening and negotiation process. It ensures transparency so you can make informed decisions about who to place in your property.

MLS Data Sheet (Initialled Copy)

Before your property goes live on the MLS, Tory will walk you through the data sheet that details every aspect of your property. You'll initial to confirm that all the details being publicly advertised are accurate. This protects you and ensures prospective tenants see the correct information.

RECO Consumer Guide

The RECO Consumer Guide is a 13-page document published by the Real Estate Council of Ontario that every property owner should read before entering a leasing transaction. Here's what it covers:

  • Client vs. Self-Represented Party -- The guide explains the critical difference between being a "client" (someone who has signed a representation agreement and has an agent working in their best interest) versus being a "self-represented party" (someone without an agent, who has no one legally obligated to protect their interests). If you're self-represented, you're navigating the leasing process alone without professional representation. Understanding this distinction is essential before you list your property.
  • Your Options -- The guide outlines your choices: you can work with a listing agent (like Tory) who represents you exclusively, you can be self-represented, or in some cases you may have dual representation. Tory will walk you through which option is right for you.
  • Types of Real Estate Representation -- Explains designated representation, dual representation, multiple representation, and the rules around each. You'll understand exactly how representation works in Ontario and what protections you have.
  • Working with a Realtor -- What to expect from your agent, what questions to ask, and how to get the most out of the relationship.
  • The Leasing Process -- An overview of the leasing process in Ontario, from listing your property to tenant screening to lease signing.
  • Landlord Rights -- An overview of your rights as a property owner, including tenant screening, rent collection, property maintenance responsibilities, and the eviction process.
  • Complaints and Discipline -- How to file a complaint if something goes wrong, and how RECO protects consumers.

Tory provides this guide upfront because informed property owners make better decisions. Knowledge is your greatest advantage, and this guide ensures you know exactly where you stand.

Tory walks you through every form step by step. You'll know exactly what you're signing and why. Having a dedicated agent managing your rental means your property gets professional attention, quality tenants, and a smooth process from listing to lease signing.

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