What’s in the New Landlord Tenant Bill 184?

There are 3 main points I’d like to go through that would affect landlords and tenants.

1) If a landlord sells the property, they are now required to give one month’s compensation to the tenant.

2) If a landlord is convicted of a bad faith eviction, then the maximum fine is now 12 month’s rent.

3) The maximum penalty for individual landlords has been increased from $25k to $50k and for corporations, it’s been increased from $100k to $250k.

If you have any questions about Buying a Home or real estate, please call or text Lawrence at (416) 276-4895.

Please Follow us on:
Facebook: www.facebook.com/lawrencemak.realestate
Youtube: https://www.youtube.com/c/lawrencemak
Instagram: @LawrenceMak_RealEstate
Website: www.LawrenceMak.com

#Makminute #knowledgeispower #Lawrencemak #Lawrencemakrealestate #Mississaugarealestate #torontorealestate #lornepark #livelornepark #bill184 #landlord #tenant #ltb #badfaitheviction #eviction

Compare listings

Compare