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Can a tenant evict a subtenant Ontario?

The new tenant (or subtenant) becomes a tenant under the Residential Tenancies Act, so a landlord has the authority to evict the subtenant for the reasons listed in the Act. The original tenant may also be able to evict the subtenant if he or she has assumed the role of landlord for the subtenant.

What is limited good guy guarantee?

Good guy guarantees in lease agreements are personal guarantees that are limited. That is if you personally guarantee the lease for your business location then your guarantee will be typically limited to past due rent or a set amount but not for the rent due throughout the entire term of your business lease.

What does a good guy clause look like?

Its a legal clause that if for any reason the tenant becomes unable to continue paying rent for the space, that tenant will give the landlord proper notification (usually three months notice), vacate the premises, and pay all rental fees up until the date of departure.

What does a good guy clause look like?

Its a legal clause that if for any reason the tenant becomes unable to continue paying rent for the space, that tenant will give the landlord proper notification (usually three months notice), vacate the premises, and pay all rental fees up until the date of departure.

What is the difference between good guy guarantee and personal guarantee?

A good guy clause is a limited personal guarantee. The distinction between a good guy clause and a traditional/full personal guarantee is that in a good guy clause an individuals personal liability ends when the space is vacated.

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