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All Forum Posts by: Olatunbosun Idowu

Olatunbosun Idowu has started 0 posts and replied 21 times.

Post: Month to month tenancy. Increase rent or end tenancy. (Ontario

Olatunbosun IdowuPosted
  • Real Estate Agent
  • Alimosho , Lagos
  • Posts 22
  • Votes 17

You have got great responses from Ontario, i quite agree that your first and best option is to use owner occupancy informing them that you or a family member need the apartment as primary residence and for this to work smoothly ensure that the tenant is not a senior citizen or physically challenged because both are protected against owners occupancy. If they fall into this category, you may need to look for a similar or equivalent apartment near by at same rent or higher before you can take possession of the apartment. 

The other methods such as asking the tenant for a rent increase or asking them leave to let you carry out renovation in the apartment may work but it will be a laborious task especially if they want to exercise their right and if it fails i mean if the tenant didn't agree or consent to your rent increase offer or renovation plan, it will ruin your chances of exercising your right as the owner of the property to use owner occupancy.