Quote:
Originally Posted by Mr.HappySilp
The new provisions in the RTA now prohibit landlords from terminating fixed term tenancy agreements when they expire except when: 1) a tenancy agreement is a sublease agreement or 2) the landlord or a close family member of the landlord intends, in good faith at the time of entering into the tenancy agreement, to occupy the rental unit at the end of the term or 3) the tenant has abandoned the premises or 4) the tenancy is frustrated or 5) the Director of the RTB decides or 6) the landlord and tenant agree to terminate the lease.
[B]Except in these limited circumstances (or the parties agree to another fixed term lease), the tenancy will automatically continue as a month-to-month tenancy under the same terms as the original agreement or until either party serves notice on the other or both parties agree to end the tenancy.
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Damn... this is extraordinarily stupid. I'd even say it violates the spirit of contractual laws. Except for sufficiently-sized commercial operations that has the resources to deal with this bullshit, who'd want to get into landlordship when the tenancy rules are this stupid?!
