Quote:
Originally Posted by Great68
Benefits for the tenant:
Guarantees a landlord cannot evict for family member or renovations for the duration of the term. Basically further guarantees the tenancy term for the tenant.
Benefits for the landlord:
Guarantees tenant will stay for duration of term, or they'll be subject to termination costs.
If you don't know how to evict tenants who don't pay rent, you're a shitty landlord:
Notice to End Tenancy for Unpaid Rent or Utilities RTB-30 |
I been through that and the process always favor the tenants and it could take up to months and months. Even if the Tenancy board rule in favor of you. The tenant can still refuse to move out and then you go to court to have to them frocely remove form the unit and then store their belongings for them for a period of time.
It took well over 2 months to get my tenant move out and that's only because she wasn't a professional tenant and just fell on bad times and was able to move back with her parents. If you are unlucky enough to rent out to a professional tenant you are looking at 6 to 8 months in lose of rent.