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Rent regulation was first briefly introduced in Ontario under the National Housing Act 1944.After lobbying by business it was repealed in under a decade. The modern history of rent controls began in July 1975 when the Residential Premises Rent Review Act 1975 was enacted after the demand for rent controls became a major issue in the period leading to the 1975 provincial election. [2]
Kijiji's owner was also a minority shareholder in Craigslist.In April 2008, eBay launched a lawsuit against Craigslist claiming that their executives were attempting to weaken eBay's investment, while in May of the same year, Craigslist filed a counter suit claiming Kijiji had stolen trade secrets and that eBay used misleading tactics to promote the service.
Minto Apartments owns 57% of Minto Apartment Real Estate Investment Trust. [10] Minto Communities Canada is a home builder in Ottawa, Toronto, and Calgary. It has built 60,000 homes over its history. It builds both low-rise and high-rise housing, and in recent years has been building more luxury rental projects. [11]
Each owner-tenant directly owns their own apartment; the rest of the building and the ground on which it stands is owned jointly by the apartment owners, who execute their joint ownership through an owner's association. The expenses of maintaining the joint property are shared pro rata among the owners.
Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .
In 2018, Doug Ford's conservative government eliminated rent control on all new buildings, additions to buildings, and basement apartments, that are occupied for the first time for residential purposes after November 15, 2018. [17] From October 2018 to October 2023 average rent in Ontario has increased 34%. [18]
A landlord is the owner of a house, apartment, condominium, land, or real estate which is rented or leased to an individual or business, who is called a tenant (also a lessee or renter). When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner. The term landlady may be used for the female owners.
An apartment is listed for rent, often on an online forum such as Craigslist or Kijiji, at or just below market value. [97] The vendor asks for first and last month's rent upfront, sometimes also asking for references or personal information from the prospective tenants.
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