Hi everyone i'm beta delisi and in this video we're going to talk about the four things that you need to know about the n11 the n11 is an agreement to end the tenancy when a landlord and tenant sign the n11 they're agreeing to mutually dissolve the tenancy relationship on a certain day here are four things that you need to know there is no compensation requirement when signing the n11 unlike other notices if the the landlord and tenant agree to a compensation then compensation can be provided however the the agreement does not require that compensation be provided the n11 when followed by compensation is commonly for is commonly done when a cash for keys is at play number two the termination date can be any date that the parties agree unlike other notices there is no 60-day requirement for termination of tenancy number three when the parties agree to signing the n11 the n11 will then be filed with the landlord and tenant board by way of an l3 application which will also include a declaration when the board is in receipt of that l3 application they will then issue what we call an ex parte order and an ex parte order is just a fancy legal term for an eviction order without a hearing the timeline that it takes to receive that order is in around four to six weeks number four the tenant if the tenant gets tenant remorse or if they change their mind or if they can't find another rental unit for whatever reason they are allowed to bring a motion within 10 days from the date that the board issues that ex parte order in order to stay the eviction and what that means is they're kind of putting a pause...
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