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Residential Tenancies Act
Tenant Protection act replacement came in effect on January 31, 2007
Changes to rules governing rents and landlord-tenant relationships were made in particular:
- The annual rent increase guideline will be based on the Ontario Consumer Price Index, which is the rate of inflation for the year running from June to May. For more details on Consumer Price Index see Stats Can Website and click on link for Consumer price index for Ontario
- Landlords will be able to inspect rental units for maintenance problems, with 24 hours notice. There are many conditions where a landlord can enter into a leased unit. For details see the Residential Tenancies Act
- Landlords will have more remedies to deal with a tenant if he/she is causing willful and/or excessive damage in a rental unit or building. These will shorten the eviction process approximately by half.
- Improvements to processes under the Landlord and Tenant Board (formerly known as the Ontario Rental Housing Tribunal)
- Interest paid last month’s rent deposit will be the tied to the Consumer Price Index
According to the Act, if the unit is listed for sale, a landlord can enter to allow a potential purchaser, insurer or lender to view it between 8 a.m. and 8 p.m., but only if 24 hours written notice is given to the tenant.
Also, if a notice of termination has been given by either the landlord or tenant, or there is an agreement to terminate the tenancy, and the landlord wants to show the unit to a potential new tenant, you may only enter between 8 a.m. and 8 p.m. Written notice is not required by law, but the landlord must try to tell the tenant before entering the unit.
Read the Residential Lenancies Act
The Ontario government provides the full text of the law: Read Here
Planning to buy or sell Immediately? Contact Nick Boothby
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