New rental rules in Wasaga Beach should stop landlords from evicting tenants to flip the property or convert it to short-term accommodations.
Simcoe.com reports that as of September 1st, landlords became required to compensate the tenant for a month’s rent or offer the tenant another unit if they served an eviction notice in order to use the unit for themselves.
For tenants, this change to the Residential Tenancies Act means the landlord can’t kick them out to then re-rent at a higher rate. With the changes to the act, the unit also can’t be re-rented or sold for 12 months after the eviction.
Christina De Palma, a Paralegal in Wasaga Beach, told Simcoe.com that she will be holding an information session on the changes to the Act in the Wasaga Beach Chamber of Commerce boardroom on November 8th, starting at 7 pm. To register, you can email De Palma (email@example.com).