Sunday, April 17, 2016

Soaring Rents! Screen your Tenants

Average rental for a two bedroom in Toronto is $2,375.00
The [LANDLORD] couple has had to pay a $10, 000 deductible to fix other units [standard unit By law] in the building that was damaged, and it's not known if insurance will cover the rest. - See more at: http://www.newstalk1010.com/news/2015/05/01/guilty-plea-in-liberty-village-druglab-explosion


http://www.cp24.com/news/toronto-condo-rents-soared-6-8-per-cent-in-first-quarter-of-the-year-report-1.2858614

If this DEEMED a crime...   Then Insurance does not cover the costs.

The repairs would have been to the Building's Residents and their own Insurance.[quite possibly a special assessment]

Remedy?    Frequent visits to your tenant?
Invasion of their privacy?   Yes


David Pylyp
#askPylyp

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