Brown's Cleaners and Tailors Limited v. OMERS Realty Corporation, 2010 ONCA 599, released on line today, sets out the elements of a valid lease for land as follows:
To be valid, an agreement for a lease must show (1) the parties, (2) a description of the premises to be demised, (3) the commencement and (4) duration of the term, (5) the rent, if any, and (6) all the material terms of the contract not being matters incident to the relation of landlord and tenant, including any covenants or conditions, exceptions or reservations.
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