Rental Property Healthy Homes Fines
Fines for Failing to Comply
Beginning on July 1st, 2021, when a new or renewed tenancy is signed on a Kingsley-Chatham rental property, all Healthy Homes compliance items have to be taken care of by the end of 90 days.
Beginning on July 1st, 2021, when a brand new, renewed or varied lease is entered into on a Kingsley-Chatham rental property, all Healthy Homes compliance work must be completed within 90 days.
Inability to adhere to all of the Healthy Homes Standards within the expected timeframe can result in an amount of $7200. Furthermore, if a current Healthy Homes Statement of Compliance isn’t incorporated within the new, renewed or revised tenancy contract, there may be an additional penalty or infringement fee.
Any tenant can ask for information about the Healthy Homes Standard and how they are related to the house they live in. If the landlord or property manager is unable to supply the information requested within 21 days of being informed of the request, they will receive an infringement notification and be fined up to $750.
Furthermore, there’s also a penalty of approximately $900 for property owners or property managers that provide false or incorrect Healthy Homes Statement of Compliance or other information. The person liable for this fine is the person who is listed on the tenancy agreement as the one who is who is letting the property It could also be the name of the landlord as well as the company that manages the property.
All information in the Compliance Statement requirements to be accurate before the tenancy agreement can be signed, and ideally it should be maintained through the tenancy period as associated work has been completed.
It’s also crucial to keep in mind that a landlord who manage multiple rental properties may receive greater penalties for non-compliance. The highest penalties are given only for serious violations. Those who have at least six rental properties could receive fines of up to $50,000, or as high as $100,000 in hearings.
In the end, a failure to comply with the Healthy Homes requirements can hit your pocket hard, and result in significant fines and continuing to be required to comply with the requirements. Don’t put your rental at risk. property call us now and request an house assessment done for your rental property.
Find the full information on the Residential Tenancies Act landlords responsibilities.