Archive for the ‘Landlord and Tenant News’ Category

Ontario Landlords Need To Be Protected – The Current System Just Isn’t Fair!

Monday, December 4th, 2017

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Ontario Landlords Speak Out and Share Their Concerns and Opinions on the Rental Industry

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.

The Rental Fairness Act Isn’t Fair For Landlords – Ontario Small Landlords Need More Protection

Tens of thousands of small landlords emailed in as part of our drive to create a way for landlords and tenants to communicate with each other to find positive common ground. While there are some unethical landlords out there, by far the vast majority of us try our best to be excellent landlords with attractive, well-maintained rentals.

The vast majority of small Ontario landlords play by the rules and care for our tenants and our properties.

The Ontario Rules Do Not Protect Small Landlords And This Isn’t Fair

One of the most common themes in all the replies was that while landlords want to learn and follow the rules those same rules often don’t adequately protect small landlords.

This means landlords who make sure they do everything according to the Residential Tenancies Act and the Landlord and Tenant Board still find themselves in very difficult situations stemming from bad tenants. These bad situations often mean losing thousands of dollars.

However it also goes beyond just financial losses.

Under the existing system landlords experiencing incredible stress, worry and sleepless nights when they are just using the system in place and following the rules. This isn’t right and this isn’t fair.

Good people making huge investments in our province need to be protected and must not be subjected to tenants who can easily manipulate the rules to cause harm and huge financial losses. Recently there was a good media story of a tenant who created a fake credit report to trick landlords into renting to him. He then ripped off his landlords and also cheated other tenants. He is now wanted by the police.

Let’s Protect Good Tenants, But We Also Need to Protect Good Landlords

Most of our small landlord members were renting themselves not that long ago. We are the working class looking to support our retirements and hopefully get some cash flow as a return on our investments. Many of us rented as students at Ontario universities and colleges and many others rented while beginning their careers.

We support protections for tenants, but we need to also protect good landlords. Currently things are simply not balanced.

What Happened To The Changes To Encourage More People To Invest in Rental Properties?

It was only a year or so ago that that landlords were asked to present needed changes to the Ministry. The request was for current landlords to suggest new policy ideas to help them succeed, and this would in turn encourage more people to become landlords in Ontario.

It was a good idea as with a better, fairer system more people would invest in rental properties and this would lead to more choices for tenants and more affordable rental housing in Ontario.

Our landlord members were not worried about increased competition from new landlords and investors. In fact, they were very enthusiastic and excited about getting changes that are desperately needed to help landlords continue to even run existing rentals. With a better system and more protections, landlords could better deal with bad tenants who abuse the system.

More Protections for Ontario Tenants But What About Fairness for Small Landlords?

When the Rental Fairness Act was announced in April many landlords were excited and expected to hear about new protections for small landlords. An Ottawa landlord organized an online event and many our members networked and watched the news conference on the Premier’s YouTube channel.

After the news conference good Ontario landlords were extremely disappointed, and many were upset.

For while there were many changes designed to help tenants, there was little to help small landlords. No one objected to helping good tenants but wasn’t the goal to encourage more great people to invest and create a lot more amazing rental properties?

A Toronto Landlord asked: “Why are the concerns of small landlords ignored as we are key stake-holders in Ontario and important rental housing providers!?”

Some of the major challenges Ontario landlords are facing include:

Evicting for Smoking

Dealing with tenants who smoke, and have this smoke bother other tenants, has been a problem for many small landlords for years. With new laws regarding marijuana this issue is just going to become larger and we need to find a solution.

Creating a New System to Help Landlords and Tenants with Pets

Our landlord members love pets and many have pets of their own. However, we need a way to make sure tenants take care of their pets and don’t damage the rental property. 

Ontario Landlords Association members suggested we create a voluntary “pet deposit”. Tenants with pets would pay a deposit to protect the small landlord from any damages from the pets (and they do happen). When the tenants move out they will get the deposit back if there aren’t any big damages. If their aren’t any pet damages and the landlord doesn’t give the deposit back the tenant can take pictures, file at the LTB, and get the deposit back.

Making the Rent Increase Guideline More Fair For Service Oriented Small Landlords

With even newer rental properties covered by the rent increase guideline (which is only 1.8% in 2018) we need a way to make sure the guideline covers the true cost increases landlords face.

Making the Landlord and Tenant Board More Efficient and Effective

When landlords have problems with renters in their properties we have to go to the Landlord and Tenant Board (LTB) to seek justice and fix the problems. While most LTB staff are hard working and professional, the way the LTB is designed needs to be improved.

-We cannot continue to have landlords waiting for weeks or even months to even get a Hearing date.

-We cannot continue to have tenants ‘ambushing’ landlords with maintenance claims at the Hearing.

-We need the Enforcement Office to enforce LTB evictions in a time sensitive way, meaning days not weeks or months 

This is just the start of issues that need to be addressed.

Closing Loopholes Exploited By Bad Tenants

We need to make sure the Landlord and Tenant Board process is fair and end loopholes that delay evictions. Some unethical tenants can delay being evicted for months.

The Rules For Small Landlords Need To Change

Small landlords are not huge corporations, massive REITS with stockholders and millions of dollars available from investors from all over the country and around the world.

Small Ontario landlords are working people who believe in the future of our province and have invested their hard-earned savings into Ontario rentals hoping for a better future. Many landlords are newcomers to Canada who want to run successful rental businesses as part of their contributions to their new country.

Ontario Landlords and Tenants Speak Out: “I Wish The Rental Fairness Act Was Fair For Landlords!”

We have asked many of the landlords who emailed in to expand on their concerns and stories of challenges they have faced owning rental properties in Ontario. We have also asked Ontario tenants who wrote in the same thing and look forward to posting their opinions and ideas.

By working together we can create a better, fairer Ontario rental industry that helps both good landlords and good tenants.

The current system just isn’t fair for small Ontario Landlords and that’s not fair

We need changes to be made to protect small landlords or we will see a big drop in investment and less high quality and affordable rental properties. We aren’t huge corporations who can put up ads near Queen’s Park and hold golf tournaments and invite Brian Mulroney to sip champagne with us…we are too busy working and taking care of our rental properties.

Who are small landlords?

We are teachers, contractors, electricians, firefighters, police officers, nurses, doctors, lawyers, Realtors…we are the people of Ontario. And we have been treated unfairly for too long.

Small landlords need support as we truly are important stake-holders in Ontario and need to be protected as the current system simply isn’t fair.

BC Landlords & Tenants Are Asking For Our Help In Dealing With Pets

Friday, November 3rd, 2017

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You Can Play An Important Role in Helping Improve the Canadian Rental Industry By Sharing Your Experiences To Help BC Landlords And Tenants Create New Rental Policy On The Pet Issue in British Columbia

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.  Landlords and tenants can share your thoughts and opinions by emailing us at landlordtenantsolutions@groupmail.com In this case let’s help BC Landlords and Tenants!

Let’s Help BC Create Fair Rules for BC Landlords and BC Tenants With Pets

Ontario Landlords know how important it is to work together to come up with ideas and solutions to improve the rental industry. Our members came up with thousands of emails sent in when we made key suggestions to the province on what changes need to be made to improve the Ontario rental industry.

Led by our many experienced and successful landlords we have also come up with thousands of tips and strategies for landlords to succeed. And a key aspect of all the great advice provided to OLA members is how important it is to have a ‘win-win’ business relationship with your tenants.

Experienced landlords know great tenants are looking for great landlords with amazing rental properties. You need to be extremely careful not to rent to bad, unethical tenants who will manipulate the system. These are tenants who will “play games” with you and use the Landlord and Tenant Board to delay evictions.

The good news is the reality is there are lots of great people out there looking to rent a property. These are people who will pay the rent on time, respect the law, and treat you and your rental property with respect.

These great tenants are looking for knowledgeable, professional landlords who not only know the the Landlord and Tenant Board and Residential Tenancy Act, but also are willing to work with their tenant clients for a win-win business relationship!

An Ottawa landlord posted in our members forum:

“A young couple saw my rental and liked it. But they had a bunch of questions for me. The questions where everything to what would happen is something breaks to how to deal with a move out after one year.

I told them I was an OLA member and a professional landlord and answered all their questions clearly based on the law. They were super impressed and decided to rent my condo over the others they saw. They told me “my professionalism made the difference and why they decided to rent my place…because of me!”

By working with your tenants you can create a win-win situation.”

british columbia landlords pets

BC Landlords And Tenants Have Asked For Our Help

These days BC landlords and tenants are having an important debate on dealing with renting to tenants who have pets.

It’s a very important issue out there as the new government is looking at making a lot of big changes in the way the BC rental business is run. Even the media is doing some major reporting on the issue of BC tenants and pets recently.

Let’s Speak Out To Help BC Landlords And Tenants Create New and Fair Rental Policy

Here are some facts about how the “pet situation” is currently in British Columbia:

1. As of now BC Landlords Can Demand “No Pets” to Tenants

While many small landlords will think this make sense it’s important to see the social consequences of this policy.

2. BC Families Forced to “Give Up” Their Pets Who Are Part of Their Family

According to facts provided over 1,700 families who need to rent were forced to give up their pets and companion animals in order to secure a rental property.  It’s a pretty shocking number and it certainly is something that needs to be changed there.

3. Forcing to Abandon a Pet/Family Member Just to Get Accepted For a Rental Isn’t Fair

Many tenants feel landlords need to treat tenants with pets equally with tenants who don’t have pets.

Let’s Help BC Landlords and Tenants Create a Better Rental Industry Based On Your Experiences

BC Landlords and tenants are asking for your help based on your experiences. They want real world advice and not some salaried spokesperson who doesn’t even own rentals speaking down to small landlords.

BC landlords, BC tenants and the provincial government are looking for our feedback to help improve the BC rental industry.

Ontario landlords what are your experiences dealing with tenants with pets?

Many OLA members are pet owners and pet lovers and the current situation in British Columbia needs to change.

However, we advise our BC friends that it’s not as simple as a “make it illegal” for landlords to refuse pets.  It’s complicated and we want to help.

For example what about pet damages?

What if pets bother other tenants?

We want your feedback!

Let’s Help BC Create Fair Rules for BC Landlords and BC Tenants With Pets

There is talk that soon British Columbia landlords will have to follow the Ontario model. In BC some people want a “no pets” policy to be Human Rights Violation and the Residential Tenancy Act to not allow “no pets” policies.

Ontario Landlords know this is a complicated situation and so we ask you to share your thoughts. And sent them soon as new rules and legislation is on the way.

Ontario Landlords – It’s just become more complicated (and expensive) to move into your own rental property

Saturday, September 2nd, 2017

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Landlord and Tenant Board Update: New requirements for landlords who terminate a tenancy because they want to move in for their “own use.”  Make you are aware of the process and the changes!

Earlier in the year we wrote about new legislation that would lead to a lot of big changes and new rules for Ontario landlords in 2017

One of the immediate changes at the time was regarding rent control.

Previously many rental properties which were built after 1991 were exempt from rent control. This means they didn’t have to follow the rent increase guideline and could raise rents every year in order to cover their costs and maybe even make some cash flow.

After all, running a rental business and being a landlord has risks and often increasing costs. Smart landlords know raising rents is an important part of being successful just as any business owner would make sure their revenues allowed them to continue running their business and not lead to losses and bankruptcy.

With the new policy rental units built after 1991 are now under rent control. This means all the investors and new landlords who bought brand new condo rents along with all the other landlords across Ontario can only raise the rent by 1.8% in 2018.

Terminating a Tenancy For Your Own Personal Use

Another big change happened on September 1st regarding landlords own use of a rental.

With increasing house prices many landlords have children or parents looking for a place to stay in. It’s become popular for landlords to turn their rental property into a place for their kids or parents to make their home.

Many landlords are also downsizing. They bought a rental in years past and rented it out. Now they sold their own home and are looking to move to a smaller property and so want to move in to their rental.

While some in the media want to demonize landlords and claim landlords use the own use provision to “turf out” their tenants, those actually running rental properties in Ontario know it would be foolish to ask a good tenant to leave if there wasn’t a very good reason for it. Needing your property for yourself or your close family is one of those “good reasons.”

Landlords Own Their Rental Property and Have Property Rights….Or Not?

Many new landlords in our community have asked what could possibly be the issue about the owner wanting to move in to their own property? Or have their children or parents (or parents in-law) move in? These new landlords say they are the ones who bought the property. They are on title. They paid for the house and usually have a big mortgage to prove it.

We keep hearing over and over again “It’s my house! I have property rights…to my property.”

In Ontario if your property is rented there is a process you need to go through in order to terminate the tenancy. Fortunately, if you want your property for your own use, or for your kids or parents or parents-in-law you can terminate the tenancy.  It’s just become more complicated and more expensive.

Let’s let the Landlord and Tenant Board explain:

social justice tribunals Ontario

To Ontario Landlords Association:

September 1, 2017

New Requirements for landlords who evict because they would like to move in. 

The Ontario government has introduced new requirements for landlords who would like to evict a tenant so they or someone in their family can live in the unit.

Starting September 1, 2017, the landlord or family member must intend to live in the unit for at least one year. The landlord must also either give the tenant the equivalent of one month’s rent or offer the tenant another unit that the tenant accepts.

Only individual landlords, not corporations, can give notice of termination for this reason

Changes to Landlord and Tenant Board (LTB) Forms 

The LTB has updated these four forms to reflect the changes. 

To access these new forms you can click on the following:

LTB Form N12 Notice to End your Tenancy Because the Landlord, a Purchaser or a Family Member Requires the Rental Unit

LTB Form N13 Notice to End your Tenancy Because the Landlord Wants to Demolish the Rental Unit, Repair it or Convert it to Another Use

LTB L2 Application to End a Tenancy and Evict a Tenant

LTB T1 Tenant Application for a Rebate

Being using these new forms immediately.

Make sure you are getting the latest forum by always clearing your browsers cache. Please note that old versions of these forums will not be accepted after Sept. 20th 2017. 

Smart and Successful Landlords Know The Rules

With the rules for landlords getting more complicated, it’s more important than ever for every Ontario residential landlord and investor to make sure you are knowledgeable. Even new rentals are under rent control and even if you need the property for your own use or the want your kids or parents to move in you will have to pay a lot of money to make it happen (as many small landlords don’t have extra units to offer tenants).

It’s also more important than ever to screen your tenants carefully and make sure you know who you are renting to.  There are a lot of great tenants out there.  There are also some tenants who will manipulate the system. We want good landlords and good tenants to join together to create a win-win situation in Ontario.

Be Smart, Be Careful, and Be Successful

Landlords in Ontario – The Rent Increase Guideline For 2018 is 1.8%

Saturday, July 1st, 2017

Ontario Landlords Association Membership Rent Increase Guideline for 2018

Our Province Wide Landlord Community Believes the Rent Increase is Too Low and We Need A Better Way to Calculate the Rent Increase Guideline To Help Small Landlords Cover Costs

Every year the Ministry of Housing publishes the Rent Increase Guideline.

Ontario has ‘rent control’ and this guideline informs residential landlords how much they can raise the rent in a given year.

The Ministry comes up with this annual guideline by looking at the Consumer Price Index. This index shows the level of inflation based on prices of such things as groceries and the cost of buying clothes.

How Much Can Ontario Landlords Raise the Rent in 2018?

Based on the Consumer Price Index the Ministry of Housing announced Ontario landlords can raise the rent by a maximum of 1.8% in 2018.

This maximum cap applies if you are going to raise the rent from January 1, 2018 to December 31, 2018.

How Does The Compare To Previous Years?

Ontario landlords can raise the rent up to 1.5% in 2017.

What If You Need To Raise The Rent At a Higher Rate To Cover Costs?

To do this you will have to go through the Landlord and Tenant Board process.

Many OLA members in the Ontario Landlords Association forum have shared their experiences regarding this process.

While some have succeeded, the consensus is that it is a complicated process and policies don’t have a true understanding of the real life financial challenges small residential landlords face.

What If You Face Higher Utility Costs?

Furthermore, with new rules for Ontario landlords coming this year you cannot apply to raise rents beyond the guideline for skyrocketing utility costs. This is one of the reasons more and more small landlords are not renting out inclusive of utilities.

Aren’t Newer Properties Exempt from Rent Control?

A lot of recent rental stock in Ontario has been created by small landlords investing in newer property such as condos. A common question these days in the Ontario Landlords Association forums is about rent control for new rental properties.

For example an Ottawa landlord wrote: “My rental property was built after 1991. Does this mean I don’t have to follow the government rent increase guideline or not?”

In years past, you were exempted but not anymore.

Previously rent control only covered rental properties that were built prior to November, 1991.  This exemption was a strategic decision made to encourage the creation of new rental buildings in the Ontario.

Things have changed this year with the Rental Fairness Act 2017. These new rules mean rent control has been extended to cover rental properties that were built prior to November, 1991.

The Guideline of 1.8% Is Too Low For Me To Keep Up With My Rising Costs

This is a common statement by OLA members.

The Ontario Landlords Association has lobbied for change in how the annual rent increase guideline is calculated. The guideline needs to put far greater weight on the price increases of good and services that impact small landlords.

After all, it costs money for good landlords to run safe, well-maintained rental properties.

Some OLA members suggest a good solution would be for the Ontario guideline to copy what BC landlords have. In British Columbia the guideline is the rate of inflation based on the consumer price index plus 2% (to account for the extra types of costs landlords have).

Landlords Can Raise The Rent 1.8% in 2018

With the importance of owning safe, well-maintained properties and costs rising it’s important for landlords to raise rents annually. We are faced with a very low cap on how much we can raise rents which creates even greater challenges for landlords.

It’s time for the the rent increase guideline to be changed to meet the real needs of residential landlords and to help us improve the quality of the rental stock in Ontario.

It’s time to stop bashing landlords and start working with us to help improve the entire rental industry. This will benefit both good landlords and good tenants.

What Are The New Rules For Ontario Landlords in 2017?

Thursday, May 4th, 2017

OLA positive change

There are lots of new rules for landlords in Ontario in 2017

With new legislation coming to Ontario to protect tenants our province-wide landlord community wants changes to also protect good small landlords & investors who provide high quality, affordable rental housing in Ontario 

With property prices increasing in Ontario the provincial government announced they would be making some important policy changes that would protect tenants and home buyers and owners.

There was to be a bunch of comprehensive measures which would bring stability to the housing market. This made many small residential landlords interested in what would happen.

As home-owners who run rental businesses, small landlords are important stake-holders in Ontario. None of us wants instability and a lot of landlords were looking forward to the announcement of the new measures to strengthen the housing market and rental industry in our province. 

What Are the New Rules For Landlords?

The Premier, the Minister of Finance and the Minister of Housing spoke at the press conference on April 20th.  The weather was a bit wet and the sparrows were making sure their chirps where heard (as the Housing Minister noted at the press conference).

Our community networked and lots of us viewed the Ontario Premier’s YouTube Channel to watch the press conference. We were eager to find out what the new rules would be to help make the housing market more stable to help tenants and landlords and improve the Ontario rental industry.

Among the changes was a 15% foreign speculation tax, changes to allow municipalities to discuss creating their own vacancy taxes, and allowing some surplus lands be made available for rental property construction.

There was also talk of of big changes to the way landlords can do business in Ontario under what is called Ontario’s Fair Housing Plan.

The announced changes included:

1. Newer Rentals Will Covered By the Rent Control Guideline

If your property was built after 1991 your property will now be covered by the rent increase guideline.

This means you can no longer raise the rent as much as you want to cover your costs.  The 2017 rent increase guideline is only 1.5% New condo owners will now be covered by the rent increase guideline.

2. Utilities Can’t Be The Reason For Your Above Rent Increase Guideline Application

So it utilities go up a lot you can’t raise the rent for this reason.

3. Own Use Application Will Mean You Have To Pay Your Tenant 1 Month Of Rent

You can also offer them another acceptable unit to rent.

4 Standardized Rental Documents

The government will prepare and distribute certain documents that landlords will be required to use.

Ontario’s Fair Housing Plan And Changes To How Landlords Can Run Their Rental Properties

While landlords understand the importance of protecting tenants, many in our community have serious concerns over these changes. For example:

Rent Control on Newer Properties

Many new condo landlords invested in condos over other types of properties (and invested in rental properties over other types of investment vehicles) because they had the flexibility of raising their rents annually in order to cover any increasing costs (like maintenance fees, etc.)

By including post 1991 properties under the Rent Increase Guideline it may lead to many landlords/investors selling their rentals and thus causing the number of rental units to decline in Ontario.

Utilities

Many members of our landlord community list rising costs of operating their rental businesses as one of their biggest worries. If utilities increase dramatically it will have a strong negative impact on small landlords.

It may even lead to more landlords renting out “non-inclusive” of utilities leading to more pressure on tenants.

Lease Documents

Our community believes this will have a strong negative impact on both small landlords and tenants.

Many aspects of the landlord tenant relationship are not covered in the Residential Tenancies Act.

Our most experienced and successful small residential landlords like to get everything agreed to by all parties at the beginning of a tenancy.  They make sure everything is clear and everyone understands what has been agreed upon. 

With a strong and clear comprehensive residential tenancy agreement (“lease”) things such as laundry use, shared common spaces and shared driveways can be agreed upon prior to a tenancy beginning to avoid potential confusion or conflict later on. A good lease with agreed upon clauses helps both good landlords and good tenants.

Let’s Include A Lot More in the Ontario Fair Housing Plan To Protect Small Landlords

Last year the Province contacted us and said they wanted ideas and suggestions on how make changes to the Residential Tenancies Act and the Landlord and Tenant Board to encourage more people to invest in rental properties in Ontario. 

So we asked our community for some ideas on how to improve the rental industry and had a huge response from places ranging from Thunder Bay to Hamilton to the Niagara Region, Toronto, Ottawa, Kingston, etc.

Thousands of ideas were presented and the OLA made a submission to the Provincial Ontario government

Since changes are being made to the Residential Tenancies Act now with the Ontario Fair Housing Plan let’s take this opportunity for true comprehensive changes and improvements to overhaul the current system and help both good landlords and good tenants and improve the entire Ontario rental industry! 

Here are just some of the changes our landlord community would like to see happen soon:

(1) Landlords Should  Be Able To Charge A Damage Deposit If All Parties Agree

This was a very popular idea within our community.  By making sure tenants have some “skin in the game” they will be more careful in the rental unit and won’t leave garbage or needed repairs when they move out.

As it is now, landlords will need to go to Small Claims Court to recover their losses.  And when tenants moving out leave garbage and damages behind it hurts new tenants who are moving in the same day.

Our community lists the need for a damage deposit as one of the key changes needed to improve the Ontario rental industry.

(2) No Pets Should Mean “No Pets” (and we need to be able to charge a pet deposit)

The overwhelming response in our community is a love for pets.

The issue is some tenants don’t take care of their pets properly and that means damages to the rental unit.

We have many landlords who have stories of dog and cat urine soaked carpets. And tenants saying they don’t have pets, and then bringing in lots of dogs and cats the same day they move in.

The OLA has suggested a “pet deposit” that pet-owning tenants could pay to help ease the financial fears of having people move in and having pets lead to thousands of dollars in damages. 

To be fair to tenants, a Toronto landlord suggested if there are no “pet damages” their deposit will be fully refunded and tenants will have a way to make sure it happens.  If for some reason it’s not, the tenant can go to the LTB to get it back in a simple, easy and fast manner.

(3) We Need a Quicker and More Efficient Way To Evict Non-Paying Tenants

It can now take months and even years for landlords to evict non-paying tenants. If you want to encourage more people to invest in rentals in Ontario this needs to change.

For example, we should change the N4 period to receive rent from 14 days down to something more reasonable such as a week or 48 hours.

Hearings at the Landlord and Tenant Board should be guaranteed to be held within 14 days.

If the Enforcement Office cannot evict a tenant with a week, landlords need to be able to hire private bailiffs to fulfill and eviction order.

(4) Fast Evictions for Tenants Who Harm Other Tenants, Their Landlord, Or Seriously Damage The Rental

While this may sound a bit ridiculous for non-landlords, tenants who harass other tenants or their landlords is the reality for many of us.

This needs to change and landlords need a fast and efficient way to evict in these situations. A system such as Alberta landlords have would be a good policy for Ontario.

(5) When a Lease Ends Tenants Shouldn’t Automatically Become  “Month by Month”

Tenants In Ontario tenants have ‘security of tenancy’.  This means even when a mutually agreed upon lease is signed with a date for the termination of the lease, tenants can still stay on as monthly tenants afterwards.

This can become a real problem for small landlords as it doesn’t allow for any business certainty for future actions.

One Ottawa landlord wrote “In the province of Ontario it’s far easier to divorce your husband than it is to end a relationship with a tenant renting your basement.”

Is this the type of policy that encourages more good people to invest in rental properties in Ontario? No.

Many new landlords are not aware of security of tenancy laws in Ontario and are shocked when they find out.

(6) How About Different Rules for Corporate Landlords & Small  Landlords With Rentals of 3 Or Less Units

We know there are problems in many of the big rental buildings out there.

By helping creating a fairer and more just system for small landlords there would be more investment in the industry and more rental properties available for tenants.

For example, small landlords can’t afford an expensive legal team to represent them at the LTB.

We also don’t have thousands of units, so one non-paying tenant can lead to extreme financial and emotion stress on the small landlord.

A better system that protects small landlords would also encourage more investment by people who would be excellent, service-oriented housing providers.

These are people such as teachers, mechanics, dentists, nurses and all sorts of working people who want to invest in residential rental properties as a business and a way to help themselves financially.

New Rules For Ontario Landlords in 2017

With all the new changes many in our community are asking “what about rights for small landlords?”

How about we work together for a system that helps both good tenants and good landlords? Let’s improve the Ontario rental industry and let’s do it now!

Let’s Support Small Landlords And Investors Who Create So Many Great Rental Properties For Tenants!