As with any investment, monitoring it to ensure all is well with it is important. Your rental property is a huge investment and requires close monitoring as well. You will require someone to check it on a regular and consistent basis.
Keeping this in mind, it is important to note that entry to a unit, once a tenant has signed a Tenancy Agreement and has moved in, must follow the rules set by the Landlord and Tenant Board.
The procedure is quite simple!
Some ways to gain proper access to a property are:
1. Make arrangements with the tenant to let you in.
2. Give the tenant 24 hours written notice that you are going to enter the unit. Keep in mind that this can only be done between 8:00 A.M. and 8:00 P.M.
3. In case of an emergencies such as a fire and/or water damage a notice is not required.
4. If a tenant has given you notice they will be moving out, written notice is not required, but you should attempt to contact the tenant first if you are wanting to show the unit to a another prospective tenant. Once again, this entry can only take place between 8:00 A.M. and 8:00 P.M.
If a tenant refuses entry to the unit, you should file an application with the Landlord and Tenant Board to evict the tenant. Another course of action is to file a complaint about the tenant; however, this option will more than likely not result in any benefit to you.
In most cases, the tenant will be contacted and told to let you in. If the tenant still refuses, they could be taken to court and prosecuted by the crown; however, this process takes a very long time; sometimes over six months. Keep in mind that you would not receive any of the proceeds for fines paid.
Once again, a key factor is to monitor your investment property and the tenants by careful screening and inspecting.
If you have a question or topic that you would like me to cover please feel free to email me at: firstname.lastname@example.org.
Most importantly, please know that we are here to offer property management to anyone who does not want the troubles or complications involved in being a landlord.
I look forward to assisting you with your Ontario Landlord needs and invite you to check back soon.