Landlord FAQ’s

Landlord FAQ’s

What information does Renting Toronto obtain get when they do a background check?

Our company is associated with a program that is considered “The rental housing industry’s credit bureau” which provides a tenant report, criminal report, full credit bureau report and a North America wide tenant database search on each applicant.

 

What is the standard lease length?

All our tenants sign a minimum one-year lease agreement. The option is always available for the tenant to sign a longer lease if the landlord agrees to the terms. All our leases have been written by a real estate professional and are in accordance with the landlord tenant act of Ontario.

 

How much can I increase the rent?

You can increase the rent if at least 12 months have passed since the date of the last rent increase or since the date the tenant moved into the rental unit. You must give the tenant the Notice of Rent Increase (N1 Form) at least 90 days before the date you will increase the tenant’s rent.

 

How do I give my tenant a N1 Form to increase the rent?

  • You can hand it directly to the tenant or an adult in the rental unit

  • Leave it in the tenants mailbox or where mail is ordinarily delivered

  • Place it under the door of the rental unit or through a mail slot in the door

  • Send it by fax to a fax machine where the tenant carries on business or to a fax machine in their home

  • Send it by courier

  • Send it by mail

 

How and when can I access my rental property for maintenance?

  • A landlord may enter the property to inspect for maintenance problems or make repairs by giving the tenant at least 24Hrs written notice before the landlord plans to enter. The written notice must include;

  • The reason why the landlord wishes to enter,

  • The date the landlord will enter, and

  • A time of entry between 8:00 am and 8:00 pm

 

 What is the formula for a rental increase?

Each year the Ontario government announces the province’s rent increase guideline for the following year. The rent increase guideline is the maximum amount by which a landlord can increase the rent for a current tenant without approval from the Landlord and Tenant Board.