WHAT DOES THIS MEAN! in need of help!?

Question

what does this mean?

EXECUTION OF LEASE: Lease shall be drawn by the Landlord pursuant to the Short Form of Leases Act, shall include the provisions as contained

herein and in any attached schedule, and shall be executed by both parties before possession of the premises is given.

Answer 1

The landlord prepares the lease with all rules included along with any addendums, you read all of it, sign it, pay all money asked for and ONLY THEN will you get keys to move in.

Answer 2

When both parties have agreed on the terms of the lease and signed it.