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How to enter highlight lease

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its the black real estate dialogue tune in tune in my name is kendra i am the founder of the key resource and i basically started the key resource to be what i needed when i started investing in real estate years ago so way back in 2015 when i bought my first rental property i had no idea what i was doing like at all and i just was figuring it out making mistakes and i decided you know what like all the mistakes i made is there for a reason and theres no reason anyone else that comes across me or my platform should make those same mistakes and so um im on a mission to inspire empower and educate people to do better than i did um i am a wife sorry my headphones keep falling off i am um sorry guys im a wife a mom a landlord i am an aggie so i went to north carolina and t state university uh any aggies on here aggie pride any uh hbcu grads on here i mean everybody im glad youre on here but if you went to hbcu give me like a thumbs up or something uh lets see what we got in the cha

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is the maximum a landlord can raise rent in Ontario?

The Province has set the 2023 Rent Increase Guideline at 2.5%. Landlords are reminded that rent increases may take effect on January 1, 2023 provided there has not been an increase in the last 12 months or the tenant not moved in the last 12 months.

How do I do a lease assignment in Ontario?

You must ask your landlord for permission to assign. It is best to ask in writing and keep a copy of your request. Your landlord must answer within 7 days. If your landlord agrees to let you assign, they are allowed to charge you a fee.

Is there a cap on rent increases in Ontario?

Rent increases are normal and expected, though theyre usually subject to rent control guidelines. Landlords are permitted to raise rents by 2.5 per cent in 2023, a limit set by the province of Ontario.

How do I advertise my lease?

7 Effective Ways to Market Your Rental Property Know What Features of Your Rental to Highlight. Set the Right Rent Price. Advertise Your Rental Listing Online. Time the Rental Market. Market Your Rental Listing on Social Media. Use Word-of-Mouth Marketing or For Rent Signs. Offer a Great Tenant Experience.

How much can a landlord increase rent 2023?

ing to the government, a landlord must be fair and realistic when it comes to increasing the rent. This basically means that the rent should be somewhat in line with the local rent averages, so as long as its fair and realistic a landlord is free to increase the rent by as much as they see fit.

What is the rent increase for 2023 in Ontario?

The rent increase guideline for 2023 is 2.5%. The guideline is based on the Ontario Consumer Price Index, a measure of inflation calculated monthly by Statistics Canada that reflects economic conditions over a 12-month period (June to May). The guideline is capped at 2.5% to prevent docHub rent increases.

How can you break your lease without penalty Ontario?

In most cases, if you agreed to rent the unit for a specific period of time, you cannot move out before the period ends, unless: you and your landlord agree. you assign the tenancy (and the unit) to someone else. the LTB issues an order ending the tenancy agreement early. you are a victim of sexual or domestic violence.

How much can a landlord raise the rent in Ontario 2024?

At present, Ontario landlords can increase tenants rent by up to 1.2% so long as they give the proper notice at least 90 days before the increase. This number will stand until the end of 2022.

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