You've finally reached that point where it's time to sell your rental property. Between rising costs, a stronger resale market and multiple other factors we're seeing more and more landlords selling their rentals and for those unprepared it can turn into quite a minefield, especially if the property … [Read more...]
Overholding Tenant – What Is An Overholding Tenant?
An overholding tenant is a tenant who continues to stay in the property after a lease has ended. This shouldn't be confused with a situation where the lease automatically defaults to a month to month lease or if improper or no notice is given that the lease is being terminated. In the case of a … [Read more...]
Using Security Deposits For Rent
Can Tenants Use Security Deposits For Last Month's Rent?Recently a landlord inquired if a tenant's could use security deposits for rent rather than paying the last month's rent. The answer to this is not exactly straight forward and it depends on the particular situation, the reason the tenant is … [Read more...]
Late Rent Notice
Do You Provide A Late Rent Notice To Tenants? If you don't you should! A late rent notice doesn't have to be an eviction notice, it can simply be written notice to the tenant that rent is overdue and needs to be paid.This notice should have the date, the address, the tenant's name(s), your name … [Read more...]
Alberta Tenancy Act or Alberta Residential Tenancy Act
The Alberta Tenancy Act, or the Alberta Residential Tenancies Act as it's more commonly known contains the ground rules for landlords and tenants in Alberta.This landlord and tenant act for Alberta provides all the definitions as far as what properties are covered, how both landlords and tenants … [Read more...]
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