2016 Rent Guideline is 2.0%

01

Jan
2015
Posted By : Sandra Comments are off
Categories :News For Landlords

The government has announced that the rent control guideline for 2016 will be 2.0%, up from the 2015 guideline of 1.6%. The 2016 guideline applies to rent increases between January 1 and December 31, 2016.

The guideline does not apply to vacant residential units or residential units first occupied on or after November 1, 1991.

The interest rate on last month’s rent deposits also changes in accordance with the Residential Tenancies Act which requires interest to be paid to the tenant annually at a rate equal to the guideline. Note that landlords will be able to use the interest earned on a last month’s rent deposit to top up the tenant’s last month’s rent deposit, as required, to keep this deposit up-to-date with the current monthly rent.

Increasing Your Rent by the Guideline

The rent for a unit can be increased up to the guideline limit if at least 12 months have passed since a tenant first moved in, or if at least 12 months have passed since the last rent increase.

A tenant must be given proper written notice of a rent increase at least 90 days before the rent increase takes effect. The written notice should be on the N1 Form, “Notice of Rent increase”, available from the Landlord Tenant Board website, www.ltb.gov.on.ca, under the section “Notices of Rent Increases”. There is no requirement for approval by the Landlord Tenant Board.

The guideline is based on the Ontario Consumer Price Index, a measure of inflation calculated monthly by Statistics Canada that reflects economic conditions over the past year.
The Residential Tenancies Act, 2006 limits rental increases at a maximum of 2.5 per cent for buildings constructed prior to 1991 and ensures equitable consideration for families renting homes, and landlords trying to cover operating costs.
Providing Ontarians with affordable housing is part of the government’s economic plan for Ontario. The four-part plan includes investing in people’s talents and skills, making the largest investment in public infrastructure in Ontario’s history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.
QUICK FACTS
·         The rent increase guideline applies to most private and residential rental accommodations covered by the Residential Tenancies Act, 2006.
·         The guideline is not applicable to: vacant residential units, residential units first occupied on or after November 1, 1991, social housing units, nursing homes or commercial property.

 

Guelph Shared Rental Housing and Rental Housing Licensing

19

Sep
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

Rental housing licensing process is proceeding in the City of Guelph. Rental Housing Work Plan – May 22, 2012

2013 Rent Guideline is 2.5% – FRPO Bulletin

19

Sep
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

The government has announced that the rent control guideline for 2013 will be 2.5%, down from the 2012 guideline of 3.1%. The 2013 guideline applies to rent increases between January 1 and December 31, 2013.

The McGuinty government passed legislation on June 13, 2012 to amend the Residential Tenancies Act, 2006 to ensure that the Rent Increase Guideline is capped at 2.5 per cent. Without the cap, the guideline would have been 2.6 per cent in 2013.

The guideline does not apply to vacant residential units or residential units first occupied on or after November 1, 1991.

The new guideline will also mean:

· There will be a change to the threshold for what qualifies for an extraordinary operating cost increase in 2013. According to the regulations, “an increase in the cost of municipal taxes and charges or utilities is extraordinary if it is greater than the guideline plus 50 percent of the guideline”. That means that the threshold for extraordinary operating costs will be 3.75% for 2013.

· The interest rate on last month’s rent deposits also changes in accordance with the Residential Tenancies Act which requires interest to be paid to the tenant annually at a rate equal to the guideline. The interest rate on last month’s rent (LMR) deposits for 2013 will be 2.5%. Note that landlords will be able to use the interest earned on a last month’s rent deposit to top up the tenant’s last month’s rent deposit, as required, to keep this deposit up-to-date with the current monthly rent.

Increasing Your Rent by the Guideline

The rent for a unit can be increased up to the guideline limit if at least 12 months have passed since a tenant first moved in, or if at least 12 months have passed since the last rent increase.

A tenant must be given proper written notice of a rent increase at least 90 days before the rent increase takes effect. The written notice should be on the N1 Form, “Notice of Rent increase”, available from the Landlord Tenant Board website, www.ltb.gov.on.ca, under the section “Notices of Rent Increases”. There is no requirement for approval by the Landlord Tenant Board.

If you require a copy of the N1 Form to be faxed or emailed to you, please email FRPO’s Manager of Policy, Mike Chopowick, at mchopowick@frpo.org

Residential Tenancies Act Seminar – FRPO – September 24, Cambridge

05

Sep
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

September 24th      Cambridge

8:00am – 12:15pm

Includes Full Breakfast

 

FRPO knows the challenges that landlords face in trying to run their business. In addition to staying competitive and providing quality housing to your tenants, landlords and property managers must deal with a complicated framework which governs residential tenancies. Since last year, the government changed the rent control provisions in the RTA, while the LTB amended several rules and guidelines. FRPO’s legal experts will bring you up to date so that you can save time and money dealing with tenancy disputes today.

 

Topics include:

·      Best practices for screening and reviewing tenant applications

·         When tenants refuse entry/properly serving notice of entry
·         Properly handling extra charges for air conditioners, parking & other services
·         Review of all notice periods and time limits on eviction notices and applications
·         How to speed up your rent dispute application
·         What you can and can’t do about smoking and pets
·         The right way to proceed with cases of damage, disturbance and illegal activity
·         What does “Reasonable Enjoyment” mean?
·         Review of Board and Court decisions from 2012 including landlord wins, tenant wins and the lessons learned from these cases

 

REGISTRATION FEES

FRPO Members $99.99 plus HST

 Members of a FRPO recognized Regional Association $149.99 plus HST

Non-members $199.99 plus HST

Space is limited, reserve your spot online now at www.frpo.org

or Download the Registration Form

 

Questions? Please contact Lynzi Michal at lmichal@frpo.org

 

 

 

Hoarding Presentation by K.A. Ley, Cohen Highley LLP (presented at October 2012 WRAMA meeting)

11

Aug
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

Click here to download pdf presentation on Hoarding, by K.A. Ley, Cohen Highley LLP

Sign up for CMHC Newsletters for Market Research Updates

11

Jul
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

Are you interested in housing research?

Canada Mortgage and Housing Corporation’s (CMHC) Housing Research e-newsletter can help you stay up-to-date with the latest housing research findings and events related to sustainable housing and communities, housing conditions and trends, housing finance and more.

 

Subscribe Today!

Increase in the Number of Legionella-related Illnesses in Ontario – Apartment Manager Recommendations

24

Jun
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

Dear Apartment/Condo Managers and Mall Managers,

Over the summer months, there has been an increase in the number of Legionella-related illnesses in Ontario.  This trend has been reflected in Waterloo Region. At the request of Ontario’s Chief Medical Officer of Health, we are writing you to provide you with information on how you can help prevent Legionella bacteria’s transmission through the maintenance of water systems (including cooling towers).

Legionella is a bacteria found naturally in the environment that can lead to lung infection and serious illness. People usually acquire the illness by breathing in contaminated water droplets or mist from aerosol-producing devices. Thus, improperly maintained water systems such as atmospheric cooling towers, hot water systems and showers, and spas such as hydro-massage tubs may contribute to the spread of Legionella bacteria.

Regular maintenance in accordance with industry standards can prevent outbreaks. We thus recommend that you:

  1. Follow this general information with respect to watery system maintenance, including cooling towers:

·         Follow equipment manufacturer maintenance instructions with regard to the operation of atmospheric cooling towers, hot water systems, and hydro-massage tubs

·         Use precaution when shutting down to ensure safeguards are in place

·         Ensure proper cleaning of the apparatus prior to re-start

·         Respond to adverse situations such as changes in the functioning of the apparatus and external influences (e.g., nearby construction and high dust occurrences  with cooling towers)

  1. Follow these resources’ additional guidance on how to prevent the spread of Legionella bacteria:

·         The Cooling Technology Institute’s Legionellosis Guidelines: Best Practices for Control of Legionella (http://www.cti.org/cgi-bin/download.pl)

·         ASHRAE Guideline 12-2000: Minimizing the Risk of Legionellosis Associated with Building Water Systems (http://www.spxcooling.com/pdf/guide12.pdf)

Please click here for more information on Legionnaire’s disease. If you have any questions about this letter, you may contact Brenda Miller, Manager of Infection Control at Region of Waterloo Public Health (bmiller@regionofwaterloo.ca, 519-883-2379). We appreciate your cooperation in keeping Ontarians safe – safety is a partnership involving many people and we hope that we can count on your assistance in the prevention of Legionella outbreaks.

Sincerely,

Dr. Hsiu-Li Wang

Associate Medical Officer of Health, Region of Waterloo Public Health

FRPO Message to Members Regarding Rent Control on Buildings Built After 1991

19

May
2013
Posted By : Sandra Comments are off
Categories :News For Landlords

FRPO Members:

As you know, any building which was built after November 1, 1991 (or not occupied for residential purposes before that time) is exempt from the rent control provisions of the RTA.

Many prospective tenants are not aware that some rental units in the province are not covered by rent controls. For this reason, FRPO recommends that those with post-1991 buildings notify prospective tenants that the unit is exempt from rent controls.

To help facilitate this, FRPO has developed a form for members at no cost. Please feel free to use this form for new applicants. Alternatively, you can also adapt the wording to make up a new clause in your lease, with an initial or check-off box for the tenant, if you find that administratively more convenient.

Many FRPO members value the post-1991 exemption. It has been responsible for the creation of thousands of rental units in the province. FRPO would like to ensure that this benefit remains secure and reliable for investors in Ontario. As you may recall, Ontario previously had a post-1975 exemption, which was taken away by the Peterson government in 1985 as one of its first acts.

Tenant advocates in Ontario have now made the elimination of the post-91 exemption a top priority. As time passes, and as an increasing portion of Ontario’s rental stock becomes exempt, tenant advocates can be expected to ramp up the political pressure on this issue.

FRPO currently defends the policy on the important basis that it provides an incentive for new rental development, and has been successful in creating new rental housing and jobs. However, FRPO has found that one challenge in defending the policy is the fact that many tenants are unaware of the exemption. Their surprise at a rent increase above the guideline quickly turns into rage and calls for action from politicians. This problem can be eliminated if incoming tenants get notified. FRPO encourages all members with post-1991 buildings to meaningfully notify incoming tenants of the exemption.

Please feel free to contact me if you have any questions or require further clarification on the above. Thank you. Vince.

Vincent Brescia,
President & CEO

Federation of Rental-housing Providers of Ontario
20 Upjohn Road, Suite 105
Toronto ON M3B 2V9
t. 416.385.1100 x 20
tf. 1.877.688.1960 x 20
f. 416.385.7112
e. vbrescia@frpo.org
w. www.frpo.org

City of Kitchener Residential Rental Licensing By-Law

01

Nov
2011
Posted By : Sandra Comments are off
Categories :News For Landlords

On November 21, 2011 City of Kitchener staff released an initial report regarding possible Residential Rental Licensing by-law.

RTA Changes to Suite Metering effective Jan 1, 2011 – Some New Rules Apply to ALL Separately Metered Tenancies

01

Jan
2011
Posted By : Sandra Comments are off
Categories :News For Landlords

Amendments to the RTA related to suite meters will become law Jan 1.  It has major affects to existing units where tenants pay hydro. Go to www.ltb.gov.on.ca
They will post details Jan 1, 2011.  Attend our Feb 9 Seminar where Joe Hoffer from Cohen Highley LLP will discuss this important issue.  Read his Rent Control Bulletin on the recent RTA changes here.