Ads
related to: additional lease terms ontario free stuff pdfeforms.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
This is the Residential Tenancies Act of Ontario. For other jurisdictions, see Residential Tenancies Act (disambiguation).. The Residential Tenancies Act, 2006 (RTA 2006) is the law in the province of Ontario, Canada, that governs landlord and tenant relations in residential rental accommodations.
The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals.
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was first briefly introduced in Ontario under the National Housing Act 1944.After lobbying by business it was repealed in under a decade.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]
This page was last edited on 22 September 2024, at 19:37 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
A fixed term lease of an immovable may be renewed either expressly or tacitly by acquiescence. [136] A lease is renewed tacitly by either 1 year or the period of the original lease, whichever is shorter, if the lessee continues to occupy the premises for more than 10 days after the expiry of the lease without opposition from the lessor. [137]
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
Ads
related to: additional lease terms ontario free stuff pdfeforms.com has been visited by 100K+ users in the past month