2% Prompt Payment Discounts: Worth enforcing?
A simple solution to the question above is to take all of the N4’s and late payment notices you issued last month for your portfolio and multiply that by 2% of your average rent. If your average rents are $1200 per month and you issued 20 notices, and if you are...Government Announces 2024 Rent Increase Guideline
Click Here for Information on the 2025 Increase Guideline The Government of Ontario has set the annual rent increase guideline for 2024 at 2.5%. The guideline is the maximum percentage that a landlord may increase the rent for a rental unit that is not exempt from...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...An Overview of the Statutory Accident Benefits Schedule (SABS) in Ontario
Article by Matthew Newton-Reid Injuries from motor vehicle accidents can be life-threatening. Even relatively minor ones may require weeks or months of rehabilitative care, medication, and other therapies as the injured accident survivor works towards recovery. The...Condo Corporation Wins CAT Case Against Disruptive Tenant
Landlord on the Hook for Costs