To the Ontario Landlord Association Re. Changing the Annual Rent Increase Guideline
Today the Ontario Liberal government introduced proposed legislation to amend how the annual Rent Increase Guideline is calculated under the the Residential Tenancies Act.
I have been a victim of the Residential Tenancies Act and find the entire legal situation unjust, petty and completely in favour of the tenant. The laws should have some balance, but it is quite laughable here. It’s not just my opinion either. I talk with various people and surprisingly those that have asked a lawyer whether they should invest in a rental property, the lawyer tells them bluntly don’t do it the laws are completely against you.
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February 2011 – Landlord Justice, LTB
On Thursday, February 17, 2011, Senior Members of the Ontario Landlords Association met with three Senior Members of Minister Bartolucci’s staff at the Ministry of Housing Offices, 777 Bay Street, Toronto. Also in attendance was the Honourable MPP Mike Colle, who really engaged with us and shared a number of troubling stories from his own constituents.
The Ontario Landlords Association for small business landlords has received a request to create a list (with follow-up explanations) of what changes should be made to the Residential Tenancy Act and to the Landlord Tenant Board.
Here’s a chance to get your views to those who make the decisions. Please keep it to 3 main points, and if you can add an explanation or personal experience regarding the matter, please do so.
Please post in the HELP FORUM and get YOUR VIEWS HEARD!!