The Manitoba legislature is debating a new bill to amend the Residential Tenancies Act.
While still in its formative stages, key components of the law, Bill 40, are expected to include:
A set guideline for rent increases, possibly based on the Consumer Price Index or other factors of the economy;
An increase in the amount allowed for pet deposits to one month’s rent;
More compensation for tenants who are inconvenienced or have to move because the landlord wishes to carry out renovations. The landlord may be asked to pay the tenant’s moving costs, and one month’s rent plus any increase in rent the tenant may incur for up to 12 months;
A shortening of the time allowed for a tenant to appeal an order for possession in some cases, from seven to five days. Also, limits on possible grounds for appeal; and,
The right for landlords to terminate a tenancy in some cases based on a tenant’s criminal activity.
This post is provided by Tenant Verification Service, Inc., helping landlords reduce the risks of renting with fraud prevention tools that include Tenant Screening, Tenant Background Checks, (U.S. and Canada), as well as Criminal Background Checks, and Eviction Reports (U.S. only).
Click Here to Receive Landlord Credit Reports.
Disclaimer: The information provided in this post in not intended to be construed as legal advice, nor should it be considered a substitute for obtaining individual legal counsel or consulting your local, state, federal or provincial tenancy laws.