A lease agreement should include provisions that help landlords avoid income loss -- including these: Joint and Several Liability “Tenants shall be jointly and severally liable for all obligations under this lease.” Few tenants understand the legal ramifications of renting with roommates. These relationships are tricky and tenants need to understand the commitment they are making to stick together during the term of the lease agreement. The joint and several liability clause can deter a tenant...
Tenant Screening: Outsmarting the Artful Dodger
Most rental applicants out there right now are decent people looking for a...
Landlord to Pay $15,000 to Rejected Applicants
An Ontario landlord was ordered to pay $15,000 and attend Human Rights...
Vancouver Council Seeks to Ban “No Pets” Leases Throughout British Columbia
Vancouver's City Council is considering a motion calling for a province-wide...
Health Canada Warns Against Bedbug Treatments
After the tragic deaths of two Alberta youngsters, Health Canada has issued a warning regarding the treatment of bedbugs. The children are believed to have died after their mother sprayed pesticide throughout the home in an attempt to eliminate bedbugs. While the...
Rule Changes, Form Updates for Ontario Landlords
The Ontario Landlord and Tenant Board has announced upcoming changes to the rules that govern actions between landlords and tenants. Beginning July 1, 2015, the LTB will serve the notice of hearing to both the applicant and the respondent. This is a change to the...
Picking the Right Tenants (Without Getting Sued)
Each time a landlord is forced to pay thousands of dollars in damages and fines to HUD or a local housing advocate, it serves as a stark reminder that, while landlords have every right to screen out unqualified tenants, they do not have the right to deny someone...
What Every Landlord Should Know About Rental Inspections
Too often, landlords report they re-entered a rental property only to discover extensive damage or other dangerous conditions, like drug manufacturing or hoarding. Too often, these conditions went unchecked for weeks, months, or years -- greatly increasing the...
Millennials Failing at Renters Insurance
The majority of tenants don't carry renters insurance, this according to a new survey by InsuranceQuotes.com. Young renters -- millennials -- are the most likely of all age groups to report that they don't know how renters insurance works and don't know how to secure...
Renters At Risk: Why Landlords Stand to Lose
While exposure to secondhand smoke has decreased dramatically over the past ten years, a significant number of nonsmokers, including children, are being exposed to this danger, for one simple reason: they live in rental housing. A recent report from the Centers for...
How Tenant Scammed 7 Landlords
An Ontario tenant who was evicted at least seven times for failure to pay rent and accused of lying on rental applications has been convicted of criminal fraud. The case came to light only after investigative reporters with the Toronto Star uncovered the extensive...
3 Tips for Improving Your Lease Agreement
Lease disputes can be a costly mistake for landlords. While it's great to have a lease that protects your rights, what's better is having a lease that helps you avoid a dispute in the first place. Here are three ways to improve your lease agreement in order to...
Winning Strategies for Rental Property Owners
It's a simple fact that well-managed rental properties attract the best tenants, while casual or "accidental" landlords attract more problem tenants. And, there's a simple reason for this: accidental landlords are not "all-in" when if comes to running their new rental...
Ontario Expands Smoking Ban: Is It Time For Smoke-Free Apartments?
Ontario has adopted sweeping restrictions on cigarette smoking in public. As of January, 2015, residents there can no longer smoke on bar or restaurant patios -- covered or not, near children’s playgrounds, or publicly owned sport fields, ice rinks, and public...
3 Not-So-Obvious Landlord Mistakes
Sometimes, the best intentions can get in the way of maximizing profits in your rental business. Precision property management can get things back on track. Here are three common -- but not so obvious -- landlord mistakes along with suggestions on how you can...
Navigating Rental Lease Agreements: The Rules of the Road
When it comes to the myriad of lease agreement forms available to landlords, rules of interpretation are the common thread. Each state has its own quirks, and local rules may require special lease add-ons, which can make the leasing process confusing. That's why...
Millennials Drive Rent Increases
The latest rental market report by RealtyTrac®, the nation's leading source for comprehensive housing data, show that buying is still the more affordable housing option -- unless you're a typical millennial. The report is an analysis of fair market rents and median...
City Mulls Eviction Limits
The City Council in El Cerrito, California is considering a restriction that would limit the reasons a landlord would have for evicting a tenant. Referred to as "just cause eviction" or "eviction for good cause", these rules are not new, and seen most frequently in...
Landlord’s $12,000 Nightmare and What Others Can Learn From It
An admitted "newbie" landlord recently publicized her two-year long horror story -- a tale of how seemingly perfect tenants left the landlord's rental home in shambles, and then filed bankruptcy to avoid the hard-earned $12,000 judgement. The Nova Scotia landlord says...
Is Your Tenant An Animal Hoarder?
Address Our Mess, a company that specializes in helping landlords and tenants deal with hoarding issues, recently warned that animal hoarding has become a serious problem in New York City. The company cites the tight rental market and a shortage of pet-friendly...
Canada’s Latest Rental Market Report
Millennial renters and immigrants are keeping vacancy rates low, according to the fall Rental Market Survey released by Canada Mortgage and Housing Corporation (CMHC). The average rental apartment vacancy rate in Canada’s 35 larger centres increased slightly, to 2.8...
British Columbia Sets Deposit Interest for 2015
The interest rate for security and pet deposits throughout British Columbia will remain at 0.0% for 2015, according to an announcement by the BC Residential Tenancy Branch. This interest calculation is set annually. The rate has remained at 0.0% since 2009. According...
Quebec’s New Mandatory Lease Form
According to a statement from the Association of Quebec Landlords (APQ), a new regulation regarding mandatory lease agreements will go into effect on February 24. The new lease form will include standard language regarding joint and several liability -- a rule that...
What the Millennial Explosion Means for Landlords
Ever get the feeling that you've suddenly gotten older? Don’t worry, it’s not you. The number of young renters is increasing — and that has some landlords feeling outdated. Millennials — 30-year-olds, give or take five years — are quickly becoming a significant renter...