Jennifer Jewell – Selling Real Estate in Orangeville, Mono, Shelburne, Caledon, Alliston and area
Real Estate Serving Orangeville, Caledon, Mono, Alliston, Shelburne, Mulmur, Dundalk, Amaranth, What's my house worth evaluation
Jennifer Jewell – Selling Real Estate in Orangeville, Mono, Shelburne, Caledon, Alliston and area
Real Estate Serving Orangeville, Caledon, Mono, Alliston, Shelburne, Mulmur, Dundalk, Amaranth, What's my house worth evaluation
The rental market in Ontario operates under the Residential Tenancies Act (RTA). This law defines the rights and obligations for both property owners and tenants to ensure fair housing practices. Understanding these rules helps you maintain a stable and professional rental relationship.
For landlords, success begins with thorough tenant screening. You must verify income, check credit histories, and contact references to protect your investment. Landlords must provide 90 days’ notice before raising the rent and can only do so once every 12 months. They must also follow the provincial rent increase guideline. Maintaining the property in a good state of repair is a legal requirement that prevents disputes at the Landlord and Tenant Board (LTB).
Renters gain security through standard lease agreements. In Ontario, landlords cannot collect security or damage deposits; they may only ask for the first and last month’s rent. Tenants must keep their units clean and pay rent on time to avoid eviction notices. Under recent updates to Bill 60, the grace period for non-payment of rent is seven days before a landlord can file an eviction application.
We assist both parties in navigating the local market in Orangeville and Caledon. We help landlords find qualified tenants and help renters secure homes that fit their budgets. Use the articles below to learn about lease terms, maintenance responsibilities, and the latest LTB procedures.