Landlord Contract Program – FAQ’s
The Residential Tenancies Act was enacted on January 31, 2007. A number of changes took place with this new piece of legislation,Section 37; relating to the use of termination agreements. Educational institutions were successful in their bid to receive an exemption where private landlords were not. Universities have been given the ability to pass along the privilege of using the termination agreement under certain circumstances to private landlords. Landlords must meet certain criteria before the University can pass along the privilege of using the termination agreement:
- The unit(s) to be rented must be inspected to meet minimum property standards by a certified property inspector.
- The landlord must enter into a contract with the University for each unit inspected and agree to adhere to certain conditions, including only raising rent by the guideline amount (per R.T.A.) even if tenants change.
- After entering into a contract with the University, landlords will have the ability to use a termination agreement for those units which contracts were entered into with the University that met minimum standards and other criteria listed on the contract
- receiving priority placement on the Queen’s Listing Service when advertising those units in the program (a preferred listing rate of $5/ad/30 days vs $35/ad/30 days is also provided)
- provide rental accommodation for periods suitable for students needs
- If the landlord breaches the agreement with the University it could impact the ability to use the services of Community Housing
For further details please contact Community Housing, at 613-533-2501 or by email.