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In Ontario, the main credit reporting agencies are TransUnion and Equifax. These agencies collect information about your debts and bill-paying history. Your landlord, bank, credit union, or mortgage broker can report to TransUnion or Equifax any time you miss a mortgage or rent payment.

term lease is exactly as it sounds: there is a specific end date which is most commonly after one year. Typically, after one year, the tenancy continues on a monthtomonth basis. However, it's possible that the tenant must move out or sign a new tenancy agreement in order to stay.

Renters in the province are protected by the Residential Tenancies Act, which outlines various rights and protections for tenants. For instance, tenants have the right to a safe and habitable living space, free from hazards such as mold, pests, or faulty electrical or plumbing systems.

Landlord harassment is when the landlord creates conditions that are designed to encourage the tenant to break the lease agreement or otherwise abandon the rental property that he or she is currently occupying.

Limits on Rent Increases Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period. If the tenants of a unit move out and new tenants move in, the landlord may establish the initial rent to charge.

The Residential Tenancy Branch (RTB) adjudicates most rental disputes in BC, but there are some exceptions. If your tenancy is not covered by the Residential Tenancy Act (RTA) ? or if it is covered, but the type of dispute falls outside the jurisdiction of the RTB ? you may have to access a different tribunal or court.

Rent increases Landlords cannot increase rent during a fixed term. Notwithstanding the above, there is no limit on the amount by which the landlord may raise the rent. If the landlord wants to increase the rent, the landlord's notice to the tenant must be in writing and include all of the following: the date.