TheKingEast
Senior Member
Yes, and a wealthy one too, which is why you get into real estate in the first place.
We should be glad the concept of Key Money never took off in Canada.
Not really, but OK.
Yes, and a wealthy one too, which is why you get into real estate in the first place.
We should be glad the concept of Key Money never took off in Canada.
I have an issue that I would appreciate some advice on.
We knowingly paid an illegal damage deposit as tenants as we were desperate at the time and really wanted the house. We are now moving out and the landlord wishes to keep the full deposit due to a hole in the wall that we admittedly created (the deposit was $500). The landlord will not show us the estimate to repair the hole nor have we been given the option to prepare our own quote or repair the hole ourselves.
As you can see there are many layers to this, and I was hoping someone could give me some advice on how to proceed?
Thank you,
I have an issue that I would appreciate some advice on.
We knowingly paid an illegal damage deposit as tenants as we were desperate at the time and really wanted the house. We are now moving out and the landlord wishes to keep the full deposit due to a hole in the wall that we admittedly created (the deposit was $500). The landlord will not show us the estimate to repair the hole nor have we been given the option to prepare our own quote or repair the hole ourselves.
As you can see there are many layers to this, and I was hoping someone could give me some advice on how to proceed?
Thank you,
If a landlord is unaware of such a basic rule governing the business they have chosen to engage in, or have knowingly chosen to act illegally, then this is not a very professional landlord. And I wouldn't want to deal with an non-professional landlord for the same reason I wouldn't want my teeth fixed by a non-professional dentist....the odds are you are going to regret it.
The landlord-tenant relationship can be very messy, and entering into this business relationship should be taken seriously by both parties. Having knowledge of the Residential Tenancy Act and complying with it would be the bare minimum.
Landlords also need to be careful, as this is not a business to engage in lightly without knowing the perils of this type of business in Ontario. Legislation has taken this private business transaction and made landlords into quasi social workers. You will know this if you have ever been to the Landlord Tenant Board.[/QUOTE]
I really wonder what caused this to head into that direction. I fully understand protecting basic tenant rights such as caps on rent increases, not being able to throw out tenants to get higher paying ones (without valid reasons such as moving back in, etc); but a landlord is not a charity. If you don't pay up, you forfeit your right to live there. Simple.
This seems to have been lost in the social justice circles of Ontario.
I think we're discussing two separate things here. I'm just talking about the tenant rights overall. Most landlords are regular people with an extra property. They shouldn't be put through undue hardship because the single mom lost her job and can't pay rent. Who's gonna cover the landlords costs? Their mortgage?A landlord is effectively running a business. Damage to your property is just one of the costs of doing business. For larger costs, the landlord can still go through courts to get compensation.
The rules are in place to prevent people like Gravity from being taken advantage of. There is no way it would cost $500 to repair the hole, and he can likely do the repair himself.
A landlord is effectively running a business. Damage to your property is just one of the costs of doing business. For larger costs, the landlord can still go through courts to get compensation.
A landlord is effectively running a business. Damage to your property is just one of the costs of doing business.
Just like when you break an item in a store, you shouldn't have to pay for it. It's just the cost of doing business.
Just like when you break an item in a store, you shouldn't have to pay for it. It's just the cost of doing business.
You only need to pay for it if you get caught.
Owner is asking for security deposit for a 1 month rental . Is this allowed ?