The City of Toronto announced that it is now accepting registrations to permit short-term rentals. The process has been on hold while lawmakers were dealing with the pandemic. Registration began September 10. Any person who currently is offering short-term rentals or plans to do so must complete their registration by December 31, 2020. If a person wishes to apply after that date, the registration must occur prior to offering the short-term rental. The new registration requirement stems from a...
Tenant Fees: How Much Is Too Much?
Some landlords view tenant fees as a viable profit center, and the temptation...
10 Tips for Handling Security Deposit Deductions
Security deposits are an important tool when it comes to quickly restoring a...
Landlords Sued for Refusing to Move Rent Due Date
The owners and property manager of an apartment building in Georgia are facing...
Saskatchewan Amends Residential Tenancies Act
The Government of Saskatchewan has introduced a change that will increase the rental rights of seniors in the province. Effective April 1, residents living in retirement homes, seniors’ retirement communities and independent living facilities that provide meals to...
How Tenants Use Loopholes to Break a Lease
Landlords tend to pour much of their time and attention into an ironclad lease agreement. That’s a wise investment. However, even an expertly drafted lease won’t help protect a landlord if the property is not being properly managed. While generally a written lease...
The Best (and Worst) Ways to Handle Noise Complaints
Noise — it’s likely the number one complaint landlords hear from tenants. Perhaps that’s because it can come from so many sources, and because people have such different tolerance levels. That can make it difficult for a landlord to come up with an effective strategy...
A Landlord’s Guide to Property Tours
The key to successful rental property tours is understanding that showing a property for rent is not the same as showing a property for sale. For one thing, the landlord and tenant must forge a relationship that could last for years; buyers and sellers likely will...
Avoiding a Common Danger in Rental Properties
Apartment fires are a nightmare for landlords and tenants alike. Smoke detectors are a must-have safety feature for every rental property. Despite the risk, some tenants take it upon themselves to disable smoke detectors, typically those near the kitchen that tend to...
Tenants Use Loopholes to Break Lease
Q: What rights do landlords have when a tenant wants to move out and break a lease? - TVS Landlord Landlords tend to pour much of their time and attention into an ironclad lease agreement. That's a wise investment. However, even an expertly drafted lease won't help...
The Best (and Worst) Ways to Handle Noise Complaints
Noise -- it's likely the number one complaint landlords hear from tenants. Perhaps that's because it can come from so many sources, and because people have such different tolerance levels. That can make it difficult for a landlord to come up with an effective...
A Landlord’s Guide to Property Tours
The key to successful rental property tours is understanding that showing a property for rent is not the same as showing a property for sale. For one thing, the landlord and tenant must forge a relationship that could last for years; buyers and sellers likely will...
Avoiding a Common Danger in Rental Properties
Apartment fires are a nightmare for landlords and tenants alike. Smoke detectors are a must-have safety feature for every rental property. Despite the risk, some tenants take it upon themselves to disable the smoke detectors, typically the one near the kitchen that...
6 Mistakes Landlords Make Screening Tenants
Every landlord understands the importance of choosing quality tenants. But not every landlord’s tenant screening policy is as effective as it could be. A landlord who cuts corners with tenant screening is no different than another business owner who hires an employee...
How to Verify a Rental Application
A rental application serves as a road map for screening tenants, and leads a landlord to highly qualified renters. But obtaining the information in the rental application does little good if that information is not verified. Have a set policy in place for verifying...
The Pros and Cons of Using Social Media to Screen Tenants
In light of the growing popularity of social media vehicles like Facebook and Twitter, landlords are bound to ask: Should I research my new tenant on the Internet? In fact, many tech savvy landlords do include a social media search in their tenant background checks....
Choosing the Best Way to Market Your Rental
Landlords have a number of options at their disposal when it comes to marketing a vacant rental property. The trick is to generate a decent-sized pool of qualified applicants as quickly and inexpensively as possible. A successful strategy will take into account the...
6 Mistakes Landlords Make Screening Tenants
Every landlord understands the importance of choosing quality tenants. But not every landlord's tenant screening policy is as effective as it could be. A landlord who cuts corners with tenant screening is no different than another business owner who hires an employee...
How to Verify a Rental Application
A rental application serves as a road map for screening tenants, and leads a landlord to highly qualified renters. But obtaining the information in the rental application does little good if that information is not verified. Have a set policy in place for verifying a...
The Pros and Cons of Using Social Media to Screen Tenants
In light of the growing popularity of social media vehicles like Facebook and Twitter, landlords are bound to ask: Should I research my new tenant on the Internet?" In fact, many tech savvy landlords do include a social media search in their tenant background checks....
Choosing the Best Way to Market Your Rental
Landlords have a number of options at their disposal when it comes to marketing a vacant rental property. The goal is to generate a decent-sized pool of qualified applicants quickly and cheaply enough to fill a vacancy without placing financial strain on the landlord....
Landlords Battle Tenant Fraud
Each year, thousands of people fall victim to fraud. Most victims believed it would never happen to them. The word "fraud" conjures images of Internet scams or stolen identities. But landlords often are the targets of fraud schemes. Small landlord businesses are...
Avoiding Security Deposit Pitfalls
A security deposit is supposed to offer landlords a safety net against income loss, but sometimes the strategy backfires. There are a number of situations where collecting a security deposit can come back to bite landlords, leaving them to not only absorb the...
Pets or No Pets? Pros and Cons for Landlords
Pets or no pets? That’s a question every landlord must consider. Each policy has its own unique benefits, and neither option is trouble-free. Pros and Cons of 'No Pets' Policies Pros: A no pets policy pleases many tenants, especially those whose schedules don’t...