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Toronto Property Inheritance

Toronto Property Inheritance: Co-Ownership of an Inherited or Co-Purchased Property

Co-ownership of a Toronto property between family or friends can often be a rewarding and potentially profitable arrangement. Joint ownership of inherited properties usually comes after the passing of a loved one, leaving family members to go in together on a property without having to single-handedly shoulder the responsibility and financial burdens that come with …

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Real Estate Resurgence In Toronto

Toronto’s Summer 2018 Real Estate Resurgence

Toronto’s real estate market is on the rise this summer, with significant growth in sales being observed by the Toronto Real Estate Board (TREB) from May to June 2018, as well as a rise in year-over-year sales over June 2017’s low numbers. This rise in sales comes despite Ontario real estate investors still slowly becoming …

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Keys

Renting to Tenants with Mental Health Issues

One of the most complicated situations that may arise for any Ontario landlord is having to deal with a bad tenant with a diagnosed mental illness. While mental illness absolutely does not determine whether a tenant will be a good or bad tenant, you have additional considerations and responsibilities as their landlord. Your responsibilities and …

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Prison

What are Your Rights as a Landlord if Your Tenant Has Been Charged with Criminal Activity?

During your career as an Ontario landlord, there’s a fairly good chance that you’ll encounter a tenant who is charged with criminal activity or jailed while living in your unit. It’s important for landlords to understand their rights and the rights of their tenants, and to approach these situations in a professional manner in order …

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Water Sources At Home

What to Do if Your Toronto Tenant Has Not Paid Their Utilities Bills?

With the long Canadian winter finally over, some Ontario landlords may find that their tenants have not paid their utility bills and may be facing shut off – especially now that spring has arrived and electricity disconnections can once again take place. When dealing with tenants who have not paid their utilities, it’s important to …

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Lease In Property Management

What You Need to Know as a Landlord About Ontario’s New Standard Lease Agreements

Starting on April 30, 2018, Ontario landlords have to follow a new standard lease form for all new tenancy agreements. These will be applicable to independent landlords and property management companies throughout the province. The new standard lease form was designed to make lease agreements clearer for all tenants and landlords so that everyone is …

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2016 house

How to Correctly Perform a “Personal Use” Eviction in Ontario

There are a variety of reasons why a landlord or Toronto property owner may want to perform a “personal use” or “own use” eviction on their tenants, but few people actually know how to perform them correctly. Performing a “personal use” eviction in the incorrect manner, no matter what the actual purpose, can lead to …

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 Property Management Company

Using a Property Management Company to Effectively Deal with Bad Tenants

Having to go through the process of dealing with a bad tenant can be one of the most exhausting things a landlord will ever go through, with various overseeing bodies to deal with and many guidelines to carefully follow to ensure that you don’t infringe on the rights of your tenant. With that said, dealing …

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