Question: I have a landlord client that has had a bad tenant (who has moved out now), didn’t pay rent, damaged the unit. My client has already gone through the …
Not Taking over Tenancy
The Buyer included a clause as follows: “The Seller agrees that this agreement is null in case the property is not vacant at the closing date.” This is a rather …
Tenant Thwarts Closing
Question: I have a firm offer on tenanted property. The closing date as stated is slightly over two months from now. No other clause mentions vacant possession in Schedule A …
Selling with a Difficult Tenant
Question: I have a Seller Client who wants to list a Townhome with a (currently) disagreeable Tenant. Tenant is paying far under market rent, and apparently said, “I’m not going …
Rejecting Tenants
Question: If you are the Listing agent how are you rejecting Tenants without providing a reason for the rejection? Answer: Keep quiet. Your client has their own reasons. They have …
Rent Some, Not ALL of the Property
Let’s assume that you are a residential Landlord and you own a single family home. The best move would be to rent out some, but not all of the property. …
Time Limit on Residential Leases
Essentially, there’s no time limit on a residential Lease. The provisions under the Residential Tenancies Act prevail over any agreement between the Landlord and the Tenant. While many tenancies start …
Looking for Better Tenants?
The Residential Tenancies Act provides that Tenants have the automatic right to renewal FOREVER. That’s not good if you are the Landlord. If your property is subject to “rent control”, …
Tenants: Cash for Keys
If you are looking for a specific section in the Residential Tenancies Act referring to “cash for keys”, you won’t find it. It’s not there. This is simply a “work …
Tenants: Good or Bad?
Well, ordinarily you would think that you should be looking for good tenants. But, this is Ontario, and Ontario laws apply including the Residential Tenancies Act. So, who owns your …