Tags Posts tagged with "Residential Tenancies Act"

Residential Tenancies Act

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Most residential landlords would say without hesitation that Ontario’s annual rent increase guideline does not fairly reflect the true cost of operating a residential rental property in Ontario. Is that really true?

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Many agents come to our office with this problem. The agent has executed an Agreement of Purchase and Sale while there is a tenant on the premises and the purchaser wants vacant possession.

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The standard form lease tries to be all things to all people and ends up being suitable for no one. Because it tries to be generic enough to fit all tenancy situations, it ends up fitting no tenancy situations.

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In this video, Toronto real estate lawyer Mark Weisleder outlines changes in Ontario’s Residential Tenancies Act, including expanded rent controls and more.

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Unfortunately, due diligence is perhaps best approached with the belief that the vendor is trying to hide something from you. Because of this, it's wise to go in knowing your answer to the following questions.

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Ontario’s recent “Rent Fairness Act” continues the brutal, gratuitous, dystopian, anti-landlord legislation meted out by short-sighted, vote-pandering politicians who have persecuted landlords for decades.

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The Ontario Court of Appeal has ruled that the Mortgages Act, which allows lenders to set aside tenancy agreements, does not conflict with the Residential Tenancies Act.