The New Mandatory Residential Tenancy Agreement (RTA)
- Created by the Ontario Government
- This Agreement must be used by all landlors of private residential rental units, including condominium units
- Beginning April 30, 2018: all Landlords must use the new mandatory Residential Tenancy Agreement Form (RTA) for all new leases
- This new standard form (RTA) attempts to clarify the rights and obligations of landlord and tenants
- For rental of a condo, the new Form requires landlords to provide the condominium's governing documents and requires the tenant to abide by them
- Landlords have an obligation to provide tenants with a copy of the declaration, by-laws and rules of the corporation within 10 days of entering into the lease or its renewal
- The new Form (RTA) explicitly recognize that a landlord can require a tenant to comply with pet restrictions found in the condominium's rules
A Guide To The Residential Tenancies Act
Call for more information
Patricia: 416-879-2094
patriciakatzrealestate@gmail.com
Patricia Katz, Broker
Call for more information
Patricia: 416-879-2094
patriciakatzrealestate@gmail.com
Freehold Average Sale Price in February 2018
|
Home Type
|
Area 416
|
Area 905
|
Detached
|
$1,282,240
|
$911,065
|
Semi-detached
|
$985,902
|
$648,338
|
Townhouse
|
$776,642
|
$600,671
|
Condo Aptt
|
$570,275
|
$435,216
|
Sutton Group-Associates Realty Inc., Brokerage
