- Joined
- Aug 22, 2013
- Messages
- 59
I recently acquired a property where one of unit is rented for well below market rent and I had to assume the tenant. Tenant has been renting month to month since 2013 and previous landlord has not increased the rent since 2012.
Long story short can increase the rent beyond the allowable limit? If I do and tenant signs the lease could there be repercussion later on that I should be worried about?
The property you guessed it is in Ontario.
Thanks
Mark
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Long story short can increase the rent beyond the allowable limit? If I do and tenant signs the lease could there be repercussion later on that I should be worried about?
The property you guessed it is in Ontario.
Thanks
Mark
Sent from my iPhone using myREINspace