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I have been a victim of the Resident Tenancy Act

Tuesday, June 21st, 2011

An open letter to the Ministry of Housing

 

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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MPP issues bill to address rent control exemption

Friday, June 17th, 2011

The Ontario Landlord Association calls it “irresponsible”

After receiving a complaint from a constituent about a steep rent hike, Norm Sterling introduced a Bill late last month to address a little known part of the Residential Tenancies Act that prevents rent control on properties constructed after 1991. (more…)

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Renting to Students

Monday, May 16th, 2011

What are the Pros and Cons of this Tenant Market?

Is your rental property near a university or college? If it is in walking distance, even better — you will have students lining up to fill your units. As tenants, students may be an ideal choice for you. As with everything, there are pros and cons.  Read on to find out whether this is a niche market that suits you.

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