Archive for the ‘Damage deposit’ Category

Ontario Landlords Need To Be Able To Charge A Legal ‘Damage Deposit’ to Protect Our Rental Properties

Friday, March 9th, 2018

Ontario Landlords Association Damage Deposit Landlord Rights

Newcomer to Canada Believed in the ‘Canadian Dream” And Invested In Ontario Rental Properties, Now Demands Changes Because The Rules Are Not Fair For Small Landlords

I’m a newcomer to Ontario originally from India. Go ahead and call me an immigrant and that’s fine. My wife and I are were successful professionals in our home country and had a pretty good life-style.

We also had a dream.

And that dream was all about freedom. We viewed Canada as a place we wanted to move to. Not only was it a democracy it was a ‘free market’ where talented people could achieve their dreams. We thought that in Canada family connections and ‘who you knew’ weren’t the keys to success. And the rule of law was supreme no matter who you are.

We thought Canada was a meritocracy where if you study hard, work hard, and make a positive influence in Canadian society you will be rewarded for your hard efforts.

Canada was a place where we wanted to raise our children to give them every opportunity in the world for them to succeed. It didn’t matter that mom and daddy were not leaders or part of the elite of this Canadian society. What mattered was the right attitude and hard work to achieve your dreams.

We Put Our Hopes And Dreams Into Ontario

We knew about Toronto because we had some friends who moved here years ago. Fifteen or so years the we also heard about the Toronto Raptors who are a very good team now and also fifteen years ago. In our country the NBA player ‘Vince Carter’ was a star because of his amazing dunks. Toronto was the place we wanted to move to as it was so exciting and open.

Freedom Means Political and Economic Freedom

In Canada I found a job and we also invested in a rental property as an investment for my family and our future financial success. We also rented out our basement to help us cover the expensive mortgage and allow us to be homeowners.

Shocked At The Ontario Rules For Landlords and Tenants

Many new Ontario landlords like us were unaware of the rules we must follow when owning a rental property here and renting to Ontario tenants. They often think the rules are fair and being a landlord in Ontario is simple and renting out a property should be easy and profitable.

Being An Ontario Landlord is Overly Complicated and the Rules Are Actually Insane

Many new landlords are unaware of the landlord/tenants regulations in Ontario and are shocked to learn how these rules interfere with the normal process of simply renting out your property to someone.

We spend our energy and financial resources on creating safe and attractive spaces for people to rent out at affordable prices. Isn’t this a good thing?

The New Rules Just Make Things Harder For Good Landlords Who Want To Own Amazing Rental Properties

Many landlords were expecting some help to run successful rental businesses…and not allow bad tenants to bankrupt us.

Just look at the news! So many landlords are being ripped off by tenants who can easily manipulate the system to even stay our properties for months not paying rent.

Ontario Landlords Need To Be Able To Charge Legal Damage Deposits To Protect Our Investments

When you rent from a small landlord you are renting from a person or family that has invested a lot of money.  This includes payments to Realtors, lawyers, government. And we also pay contractors, plumbers, painters to make sure the property is attractive and we can find renters.

We can’t accept what this Windsor Landlord went through. The tenant moved out and left hundreds of drug material behind for the landlord to clean. Is it even safe for us to touch these drug materials? Or will we have to pay thousands of dollars to hire a professional to clean it all?

ontario landlords association damage deposit syringes

More than 200 of these syringes were found scattered across a one-bedroom apartment, leaving the homeowner to pay to clean up the mess

If someone leaves a hotel room like this they could be criminally charged! But we had something similar happen to us not once, on twice, but three times already!

If we could charge a damage deposit would this tenant not work hard to at least clean the drug equipment?

Why Is “Landlord Charges a Damage Deposit” So Complicated In Ontario (The Rest of The World Does This)

Ontario landlords security deposit damage deposit

A Damage or Security Deposit Will Help Protect Small Landlords. It will lead to even good tenants to be careful.

Many of us who came to Ontario with a dream of working hard for success are very angry at the rules for small landlords here! Alberta landlords and BC landlords can charge a deposit.

Why have you set up such a crazy system in Ontario? 

The media never reports how angry many of us who came to Ontario are.  We were not told of the crazy rules and anti-business attitude here. We are ANGRY! 

Only the Ontario Landlords Association made us aware of what we have gotten in to. Before no one else told the truth!

The Ontario Tenant Activists Just Don’t Make Sense

Who are these people?

Do they actually have jobs or are they paid by the government to fight hard-working landlords who have invested our money to become small landlords here? Let’s look at at at their main arguments and refute them for the drivel they are!

1. Tenant Activists Say A Damage Deposit of Even $1000 Will Not Be Enough To Protect Landlords

Ottawa landlords bad tenants 2018 4

Will tenants leave the fridge like this if the landlord has some sort of damage/security deposit? No way!

The Toronto tenant activists don’t get it. Smart landlords screen carefully and we don’t rent to tenants who will cause ten thousand dollars of damages. 

But because we can’t charge damage deposits many tenants leave the rental unit with garbage and lots of repairs.  Look at the above picture of what an Ottawa landlord faced.

It’s common for tenants to not clean up when they move. If the landlord has a damage deposit of course the tenants will clean up their mess. 

Even if we could charge $1000 many tenants will work hard to leave the unit in good condition to get the money back. How many hours will the tenant have to work to pay $1000? 

Of course they will clean the property to get this money back!

2. Tenant Activists Say Landlords Won’t Pay Back Any Damage Deposits

It’s So Simple: Tenants Who Don’t Get the Deposit Back Go To the LTB (It’s not rocket science!)

We keep reading at the Ontario Landlords Association forum from tenants saying landlords who get a deposit never pay it back. This is foolish and just manipulation.

It would be easy for tenants who didn’t do anything wrong to go to the Landlord and Tenant Board, make their case, and if true, get their money back. The “tenant activists” are deceiving people and are afraid to come up and realize there is a simple solution to this issue.”

Let’s look at what happens for BC landlords who can charge both a damage deposit and a pet deposit.

According to the BC Residential Tenancies Branch when the tenancy ends and after the tenant gives the landlord a forwarding address in writing the residential landlord must return all of the deposit unless the tenant agrees in writing to allow the landlord to keep the deposit or even some of it. If they have a disagreement it goes to an arbitrator who will decide.

See, tenants won’t get ripped off by bad landlords. This is so easy to do to be fair to everyone.

Let’s Have Different Rules For Small Landlords and Huge Corporate Landlords

Some tenant activists say charging a deposit will be a “windfall” for big corporate landlords.  Okay, let’s make some different rules for large corporate landlords with big buildings and us small landlords with a condo, renting our basement or a duplex. 

Sorry but unlike the big corporate landlords I cannot afford a lawyer and cannot afford to keep spending money to fix things and clean up from sloppy tenants who treat my rental units like a rented mule!

Let’s Improve the Ontario Rental Industry By Letting Ontario Landlords Charge a Damage/Security Deposit

It is absolutely insane that small Ontario landlords cannot demand even a small damage deposit to tenants. This leads tenants to not care about the rental and landlords have to pray and hope the tenants don’t wreck the property.

With the vacancy rate so low in Toronto and all over Ontario we need to encourage more good people to invest in rental properties and give more choices for tenants.

I have experienced tenants leaving a mess behind that me, my wife and even my children have had to clean up to try to re-rent. 

My family regrets being landlords in Ontario and demands changes be made!

I Don’t Want To Keep One Cent Of A Tenant Damage Deposit

If Ontario landlords can charge a damage deposit I will be very happy to pay them back every cent when they move out. I don’t want to keep any of it.

And if I don’t keep any of it this means they have treated me and my family and our rental investment property with respect. They left it like when them moved in. They made sure the oven and fridge are clean like it was when they moved in. They made sure to take out the trash and get rid of tires, batteries, and old toys and bikes. 

I will be the happiest landlord to return the tenant their deposit in full for cleaning the property and not leaving the disaster to me and my family!

Thank you to the Ontario Landlords Association for allowing me to get my voice heard on this issue.

 

As part of our “Let’s Improve the Ontario Rental Industry” we have invited landlords and tenants to share their opinions on how we can make these improvements. These opinions are from individual contributors and are not the opinions of the Ontario Landlords Association. We believe by fostering communication between landlords and tenants we can improve the Ontario rental industry.