Ontario Apartment Group
91 George Street North K9J 7Y8 Peterborough, ON, Canada

The Ontario Residential Tenancies Act (RTA) specifies that a landlord is responsible for vital services, which are defined as cold and hot water, electricity, fuel, heat, and gas. The only exceptions to this rule would be those leases that state that the tenant expressly agrees to obtain these services and maintain them independently of their landlord. If a lease does not specify that a tenant is responsible for utilities, they cannot be made to pay for vital services, ...even if they cause a significant spike in utility charges. #multifamilyinvesting #multifamily #multifamilyrealestate #multifamilyinvestors #multifamilymarketing Read more: https://ontarioapartmentgroup.ca//utilities-landlord-resp/

The Ontario rent freeze will end on December 31, 2021. Landlords can increase rent as of January 1, 2022, if they have given the proper notice in writing (N1) at least 90 days prior. The province of Ontario has set the Rent Increase Guideline for 2022 at 1.2%. Landlords can increase residential rent 12 months after either the tenancy begins, or the last rent increase was implemented. Very few exceptions to the guideline exist, including long-term care homes, commercial proper...ties, and newly built rental units rented for the first time after November 15, 2018. In special cases, landlords can seek approval for increasing rent beyond the limit of the guideline from the LTB. #multifamilyinvesting #multifamily #multifamilyrealestate #multifamilyinvestors #multifamilymarketing Read more: https://ontarioapartmentgroup.ca//2022-rent-increases-wha/

Residential evictions were suspended on March 19, 2020 by the Ontario Superior Court, due to the impacts of the COVID-19 pandemic. Only urgent evictions due to illegal activity or safety concerns were heard by the Landlord Tenant Board (LTB) at this time, and hearing centres were closed to the public. Limitation periods and procedural timelines were also suspended on March 20, 2020 (retroactively applied from March 16, 2020). On August 1, 2020, the LTB resumed hearing all ap...plication types, including evictions, but there is a significant backlog in cases due to the hiatus. Suspended limitation periods and procedural timelines resumed on September 14, 2020. #multifamilyinvesting #multifamily #multifamilyrealestate #multifamilyinvestors #multifamilymarketing Read more: https://ontarioapartmentgroup.ca//landlord-tenant-board-t/

Bill 184, the Protecting Tenants and Strengthening Community Housing Act, 2020, had several provisions which took effect on September 1, 2021, amending the Residential Tenancies Act, 2006 (RTA). There are now additional requirements on the landlords’ part to mitigate bad faith N12’s and N13’s, this post discusses the claims for damages available to tenants should a landlord issue either an N12 or N13 in bad faith. #multifamilyinvesting #multifamily #multifamilyrealestate #mu...ltifamilyinvestors #multifamilymarketing Read more: https://ontarioapartmentgroup.ca//september-2021-amendmen/

Certain provisions of Bill 184, the Protecting Tenants and Strengthening Community Housing Act, 2020, took effect on September 1, 2021, amending the Residential Tenancies Act, 2006 (RTA). These amendments aim to create more timely and impactful resolutions to common landlord and tenant grievances heard by the Landlord and Tenant Board (LTB). #multifamilyinvesting #multifamily #multifamilyrealestate #multifamilyinvestors #multifamilymarketing Read more: https://ontarioapartmentgroup.ca//september-2021-amendmen/