Landlords At Risk For Fines

risk for fines

Is your investment property looked after by friends, family, a neighbor or an inexperienced property manager? Under the Tenancy Act, a landlord can face heavy penalties if properties are not managed properly, including:

Fines of up to $3000 for providing sub-standard housing. Fines of up to $1000 for failing to appoint an agent while traveling overseas for more than 21 days.

Damages can also be awarded against landlords for many other transgressions including interfering with the tenant’s peace and privacy; interfering with supply of services to the premises, failing to lodge a bond, or entering the premises without proper notice.

Our Property Management staff are well-versed in Tenancy Act regulations and can help you avoid the pitfalls of working with tenants.

Please call us today if you – or someone you know – would benefit from an experienced, professional team to manage either your rental property or theirs.

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