Space rental contracts can be concluded week after week or monthly. Anticipate all possible scenarios and create a plan to solve them. The main objective of this agreement is to promote the synchronization of what can be expected, as well as the responsibilities of both parties, by clarifying things through a written contract. Another reason for a room rental agreement is that you feel safe enough to rent one of the rooms in your home. There may be times when you rent rooms in your home to people who are not members of the same family and may not know each other. The Ontario lease must contain the following data: if both parties sign the lease, it will be retained for the duration of the rent for the personal registration of each party. The contract must be signed by the landlord and tenant. .