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Originally Posted by Hondaracer
Are you just being intentionally naive?
You can evict a tenant given 4 months notice based only on doing renovations.
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Your previous and current comments seem to show your ignorance to the RTA and the process. I know you're a landlord, but you are showing yourself to be one of the shitty ones that people need to stay clear of.
You understand "Renovations" must be significant right? You actually have to make an application to the RTB and they assess whether your unit must actually be vacant, and grant your renoviction. Slapping a coat of paint on the walls and doing some flooring do not qualify.
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Let alone everyone else who boots their tenants saying they are moving in only to rent it out again later. The amount of people who follow up if the unit has been rented again once they are booted is minuscule I’m sure.
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Sure, they can do this, they'll have 6 months of no income. If they can't afford a piddly 3.5% rent increase, they surely can't afford 6 months of rental income.
And if they are found to not be occupying the unit, or re-rent it before the 6 month period, then they can get nicely fucked by 12 months of free rent as compensation. If they can't afford a 3.5% rent increase, I'm sure they can afford paying 12 months of free rent compensation. You better believe that more people are "paying attention" when they can get 10-20K of money in their pocket. There are already dozens of reports of this happening now.