Legal Moment: Can Landlords raise their tenant’s rent to offset increasing mortgage costs?
Kevin Kok Yes, but it’s limited like everyone else landlords have been impacted by the consistent increases in mortgage rates recently; consequently, landlords are looking for options to increase rent as paying more and mortgage payments than what they earn...Ruling a Cautionary Tale for Condo Boards
THE LAWYERS WEEKLY Ontario’s Condominium Act provides a mechanism for unhappy unit owners to stage a statutory uprising by overthrowing and replacing a condo board of directors. A recent Superior Court case (MCC 232 v. Owners and Mortgagees of MCC 232 ONSC 4620) holds...Proving Good Faith of Condo Boards Directors
May be Personally Liable for a Breach of Statutory Duty THE LAWYERS WEEKLY (April 19, 2013) Ontario’ s Condominium Act requires that members of condo boards act in good faith when exercising statutory obligations and discharging their duties of office. Condo directors...Third-Party Property Management
We are circulating this reminder which will be of particular interest to property managers and those who engage the services of a third-party property management firm for their operations. The reminder is specific to legal processes engaged in at Landlord Tenant Board...Are Your Rental Units “Condos”? Register with CRA or Face Fines!
Register with CRA or Face Fines!