Friday, November 16, 2018

Not the Change Landlords Were Looking For, Premier Ford

While it was exciting to read the news about the introduction of Bill 57 by the PC government, the euphoria wore off after reading the bill and digesting the information.

Saturday, October 27, 2018

Terrible Delays at LTB Pervert & Distort Behaviour, Impede Justice

It used to be that when there was a problematic tenancy, where the parties couldn't stand each other due to the ongoing dysfunction and the relationship was completely irreparable, there were solutions that involved ending the tenancy by making a deal.

The risk in the system was shared by both parties, and that provided an incentive to deal.  The tenant feared a quick eviction with no money in their pockets, and a damaged credit score.  Better to leave with first and last in your pocket for the next tenancy.  The landlord was concerned about mounting debt or additional damage, plus stress and time away from work.  Everyone had an interest in getting out of each other's lives for fear of the consequences.  And they were willing to compromise a bit to make the problem disappear.

Wednesday, October 17, 2018

Cannabis Smoking and Growing in Rentals is now Legal

For better or worse, the federal government's implementation date for legal cannabis has arrived. Provincial legislatures have tweaked to the extent that the federal law allows tweaking. In Ontario, the Ford government did nothing for landlords who are already under siege with the Rental Fairness Act proclaimed last year, made even worse with the intolerable wait times at the Landlord Tenant Board.  Ready to have the smells, turnover costs & grow-op risks in your rental?  Read on!

If you are a landlord, you need to familiarize yourself with this new reality now.  What are the real risks?  I'm not a believer that the sky is falling.  There will be  period of adjustment, but landlords need to educate themselves on the realities of cannabis, and disregard the myths, stereotypes and stigma.

Monday, August 13, 2018

Ford's Cannabis Announcement Hopeful News for Landlords in Ontario

It looks like a big win for Ontario landlords with Premier Ford's announcement this afternoon re: Cannabis sales and use in Ontario. The announcement revealed a complete reversal of the former government's proposed government monopoly on sales, and will open up Cannabis sales to the private sector, starting first with online sales. The Ontario Cannabis Store will be launching an online retail store and begin to establish a wholesale distribution network to supply cannabis to legal private stores in Ontario once legislative requirements are put in place. It sounds to me like there will be no dedicated Ontario Cannabis brick and mortar stores.

Wednesday, July 11, 2018

Landlord's personal use N12 Notices need some scrutiny

The Landlord Tenant Board’s (the ‘LTB’) N12 notice of termination has been around since June of 1998.  The N12 notice is served to a tenant to advise them (among other things) that the landlord or a family member intends to move in 60 days later.  The tenant does not have to move out when they receive the notice, but the landlord may file an application to the LTB for a hearing and prove their genuine intentions.

Thursday, July 5, 2018

Sample Letter to new Minister of Housing Steve Clark

July 5th, 2018

The Honourable Steve Clark
Minister of Municipal Affairs and Housing
777 Bay St., 17th Floor
Toronto, ON
M5G 2C8

Dear Minister:

I am writing you as a small landlord in Ontario, looking to you for assistance in navigating Ontario’s difficult and complicated residential tenancy laws.  The playing field became even more unbalanced following the previous government's passing of the inaptly named Rental Fairness Act in 2017.  Small landlords are hurting, and many are leaving the industry.  The need for inexpensive low-rent basement apartments has never been more pressing, yet small landlords are being forced out of the business.

Thursday, June 28, 2018

New Smoking Rules in Condos can put Investors in Jeopardy with their Condo Corp.

Are you a condo investors? If so, you need to be aware of the consequence of the new Federal and Provincial cannabis legislation and how it may affect your rights as a landlord and investor.

Saturday, June 23, 2018

Ontario Landlords must now use the Standard Government Lease

Written tenancy agreements for Ontario's residential landlords have been inconsistent and confusing.  Existing leases are jam-packed with illegal clauses and in some cases, there is no written lease at all.  Some small landlord investors are of the mistaken belief that it was easier to terminate tenancies if there is no written lease.  Too many people buy off-the-shelf leases that don't conform with Ontario law, and that gets them into trouble because they think the terms can be enforced.

Monday, June 18, 2018

Rent control changes don't have to be all or nothing

Back in 2017 when CBC reporter Shannon Martin first started her crusade against the rent guideline exemption for post-1991 buildings, it was clear to me that the good times were over for developers.  But it worried me, as incentives are needed if purpose-built rentals are to be built, rather than condominiums.  Condos are too attractive when held up against rentals, as developers get their money out quickly without the risks of government intervention in the rental market over a long period.

Friday, June 8, 2018

Premier-Designate Ford...Here's a Fix for the Rental Housing Availability Crisis

Whatever your politics, it is a fact that Doug Ford and the Progressive Conservatives will soon form the government in Ontario.  And whatever your perspective, we have an affordability and availability crisis in the rental housing sphere, particularly in urban areas.  Some blame it on speculation, some on foreign buyers, but those of us in the trenches know that there is another, much bigger factor at play...fear of being a landlord in Ontario.