The Landlords and Tenants Act
Some Guides for Landlords and tenants in Ontario
As a landlord your goal should be to always learn, understand, and observe all the sections of the Landlord and Tenant Act in Ontario. Even minor mistakes like filling out the eviction notice incorrectly will lead to losing your case with the tenant. If you need help in understanding the Residential Tenancies Act in Ontario, consult a paralegal Toronto expert to get more information. Remember that your success as a landlord is greatly dependent on whom you select as your tenant. You can conduct some background checks to make sure you are choosing the right person, otherwise getting rid of improper tenants will be an overwhelming procedure. On a positive note, you can avoid all these risks by requesting help from a paralegal Toronto expert.
How to end a tenancy
Both landlords and tenants can end the tenancy but the procedure of filing a case in small claims court in Toronto can be different for each of them. According to Ontario’s Landlord Tenant Act, the landlord and the tenant have specific rights and responsibilities. A landlord should give the tenant a notice in writing. There is a specific form available on the LTB website and the landlord should use it. Before giving the eviction notice, the landlord should make sure that the reason for eviction is legal. If the tenant fails to leave the unit after receiving the notice, the landlord can apply for the LTB and request them to end the tenancy. Before making a decision the board in LTB will allow both sides to present their reasons.
The guide for increasing the rent
It should be mentioned that initially the buildings constructed on or after November 1, 1991 were exempted from rental control .It changed when Ontario passed a legislation in 2017 and According to this, all private rental units occupied on or after the date mentioned above were included to rental control. A rent increase guideline is set annually. It was 1.5% in 2017 but in 2018 from January 1 to December 31 it increased to 1.8.
If you want to increase the rent more than what is mentioned in this guideline, you have to apply for the LTB. Your request will be evaluated based on the requirements of a situation. You can raise the rent a year after the initial tenancy date or the last rent increase. You must provide the tenant with a written notice 90 days prior to the increase. Since there are many issues concerning the rent increase in Ontario, it would be better to consult a paralegal Toronto expert.