For tenancies beginning on or after April 30, most landlords in Ontario will need to adopt the new "standard" tenancy agreement provided by the government. Touted as easy-to-understand, the stated intent of this new lease form is to educate tenants as to their rights...
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Rental Forms
Tenant Screening Tip: The Rental Application Cover Letter
The rental application is a fundamental tool for landlords when it comes to finding the right tenants. But an application is only as good as the information contained in it. One way to obtain the best information -- and weed out bad tenants -- is for the landlord to...
Landlord Loses Battle with Airbnb
A federal district court in Los Angeles has dismissed a lawsuit brought by major property manager Aimco against online vacation hosting site Airbnb alleging Airbnb illegally interfered with lease agreements by encouraging tenant hosts that Airbnb knew were violating...
Are You Using the Wrong Lease?
A lease agreement has a dual purpose. It needs to be strong so if the landlord has to go to court, the landlord will win the case. More importantly, the lease needs to gain the tenant's compliance. Sure, the lease needs to contain a lot of legalese, but it also needs...
Landlord Backtracks on Air Conditioning Fees: A Lesson in Lease Agreements
A Toronto landlord has backed off a demand that tenants pay a seasonal fee for the right to use portable air conditioners shortly after a tenant complained to news reporters. A tenant on a fixed income received notice that she would have to pay to use the air...
3 Lease Provisions That May Be Illegal
Every landlord wants an ironclad lease agreement, yet it's equally important that the lease be fair. If the lease goes too far, not only is it unenforceable, but the landlord may have to pay for violating consumer protection laws. The problem stems from the fact that...
Small But Mighty: 7 Powerful Little Lease Clauses
When it comes to the inner workings of a lease agreement, power isn't measured by size. There are some seemingly insignificant provisions that do far more than you might expect: 1. Identity of Tenants "This Agreement is entered into between . . ." Simple language, but...
Landlord Prosecuted Over Lease, Fees
The Attorney General of West Virginia announced that he has filed a lawsuit against the state's largest residential landlord claiming the landlord's lease provisions and fees violate the state's consumer and credit protection statutes. The prosecutor alleges that a...
Landlords: Updating Your Lease Agreement for 2017
If it's been a while since you last updated your lease agreement, 2017 is a good time to do it. A lease agreement is there, first and foremost, to protect a landlord. But, with an onslaught of new rental regulations and the sustained popularity of some new trends,...
Lease Agreements: Why Timing Matters
When it comes to rental property management, timing matters. That's particularly true when it comes to lease agreements. It's not just what is in the lease that counts; it's how the leasing process unfolds: 1. Work out all the content that is going into your lease...