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How to Alter Tenant Contract

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In Episode 110 of the Real Estate Rookie podcast, hosts Ashley Care and Tony Robinson address a question from Rhett Miller regarding how to inform an inherited tenant of changes in ownership after closing on a property. Tony shares that all of his long-term rentals were purchased vacant and rehabbing was done without the involvement of existing tenants. Ashley, identified as having expertise in property management, discusses her perspective on tenant communication, particularly highlighting that sellers may not want tenants to know about the sale. The conversation focuses on the nuances of managing inherited tenants effectively during ownership changes.

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What happens when one tenant moves out in BC?

If the roommate leaving gives proper notice in writing to move out, the tenancy will end for the other co-tenants as well even if they did not sign the notice. The remaining roommates will have to either move out or sign a brand-new tenancy agreement in order to stay.

Can landlord increase rent for additional tenant BC?

If the tenants agree to an additional rent increase, the landlord must issue to each tenant a Notice of Rent Increase along with a copy of the tenants signed agreement to the additional amount. Tenants must be given three full months notice of the increase.

Can a landlord raise the rent if another person moves in BC?

Under an existing tenancy agreement, the landlord can only increase the rent in response to additional occupants if the agreement includes a term allowing the rent to vary by a stated amount based on the number of occupants or the parties all agree to sign a new tenancy agreement.

Can a landlord change the terms of a rental agreement Ontario?

The landlord and tenant can also agree to renew the tenancy agreement for another fixed term period, or enter into a new lease. If the landlord and tenant agree to enter into a new lease, the terms of the lease can only be changed in ance with the Act.

How do I amend a lease in Ontario?

Both parties must agree to the proposed amendments. A lease is a legally binding agreement between a tenant and landlord, therefore it cannot be altered without both parties consent. Typically, a landlord is more likely than a tenant to propose an amendment to the lease.

Can a landlord change the terms of a lease in Alberta?

Leases are contracts and cannot be changed without the other side agreeing. The only change a landlord can make to a tenancy agreement without the tenants consent is an increase the rent. A landlord must, however, follow the rules set out in the Residential Tenancies Act for rent increases.

Do I need to tell my landlord if someone moves in?

If someone is going to be living with you, then you must inform your landlord. If you dont inform them then you could end up voiding your tenancy or making sections of it invalid. Honesty is the best policy here, and the relationship between you and your landlord is all about trust.

How long can a guest stay before being considered a tenant BC?

14-Day Guest Policy For example, it is not uncommon for tenancy agreements in BC to have a 14-day per year overnight guest policy. If your agreement contains such a policy, it is likely that an arbitrator at dispute resolution would consider it unconscionable, and therefore unenforceable.

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Alter Tenant Contract