
The End of the "Handshake" Deal: Why Rent Repayment Plans Now Require the Official LTB Form
When a tenant falls behind on rent, the ideal scenario is that both parties come together, communicate openly, and figure out a manageable repayment plan. Historically, many landlords and tenants finalized these deals informally with a quick text message thread, an email outlining the new payment schedule, or a basic Word document signed at the kitchen table. But if you are managing property or renting in Ontario, those informal days are officially over. As of July 1, 2026, whenever a...
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