- The requirement to pay a month’s compensation to a tenant once the N12 is served
- The extension of rent control to ALL buildings; those built after November of 1991 are no longer exempt from the annual rent guideline
- The requirement for the person moving in to live there for at least a year…prior to the 2017 amendments there was no time period in the RTA
Put plainly, since the 2017 amendments to the RTA, there are now additional incentives to act badly. There is no other way to evict a tenant who is behaving but who is paying a very low rent. However, there are consequences for serving a bad-faith N12, and serious ones. These include fines against the landlord of up to $25,000, an order to pay the tenant’s increased rent for a year in their new rental, plus the tenant’s moving and storage costs.
I hope this post finds its way to the LTB. The Board needs to develop a consistent approach to this practice, otherwise landlords will continue to use this sneaky and underhanded method of avoiding the RTA’s requirements. As most of my readers know, I’m not a fan of much of the RTA, and that includes how difficult it is for a landlord to get their home back. But I’m also not a fan of those who use nefarious methods to circumvent the law. Instead landlords should be using political pressure to bear to bring about change.