LPMA Announces Standard Lease Seminar

Joe Hoffer, a lawyer with Cohen Highley, will conduct a detailed training session for landlords and staff on how to complete the new LPMA Rental Application and the new “Terms and Conditions” that will be an essential addition to the Government’s Standard Lease.  Guarantors, rent discounts and other schedules relative to condo rules and by-laws will also be covered. Afternoon (2-4 pm) and evening(6-8 pm) sessions will be held on March 26.

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2018 Rent Increase Guideline is 1.8%

The Ontario Ministry of Housing announced that the 2018 annual rent increase guideline will be 1.8%. The rent increase guideline is the maximum landlords can raise a tenant’s rent without approval of the Landlord and Tenant Board, and applies to rent increases between January 1 and December 31, 2018.