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Traum · 08-13-2015, 09:13 AM

Come to think of it, I think the moving into the basement thing would make more sense, and you'd have much better coverage to protect your own a$$, if you do the following:

- look into rental costs for a suite the size of your main floor in your area (let's say it is in the $2000 - $2500 range)
- notify your tenant that he needs to move out because you plan on moving into the basement suit, but offer him a rental contract for the main floor at $2500 or $2500+

The assumption here is, with such a huge increase in rent, he would not be interested in renting, and would therefore move out. By offering to rent him the main floor, he cannot say that you never offered him the alternative rental suite and use that as an allegation against you should he ever protest to the RTB.

At the same time, the risk involved is, the tenant takes you up on the offer, and then you'd be fxxked.

08-13-2015, 09:13 AM	#30
Traum RS.net, helping ugly ppl have sex since 2001 Join Date: Aug 2007 Location: Paradise, BC Posts: 8,387 Thanked 8,153 Times in 3,391 Posts Failed 262 Times in 148 Posts	Come to think of it, I think the moving into the basement thing would make more sense, and you'd have much better coverage to protect your own a$$, if you do the following: - look into rental costs for a suite the size of your main floor in your area (let's say it is in the $2000 - $2500 range) - notify your tenant that he needs to move out because you plan on moving into the basement suit, but offer him a rental contract for the main floor at $2500 or $2500+ The assumption here is, with such a huge increase in rent, he would not be interested in renting, and would therefore move out. By offering to rent him the main floor, he cannot say that you never offered him the alternative rental suite and use that as an allegation against you should he ever protest to the RTB. At the same time, the risk involved is, the tenant takes you up on the offer, and then you'd be fxxked.