Rental Property Healthy Homes Fines
Fines for Failing to Comply
Beginning on July 1st, 2021, when a brand new or renewed tenancy is signed on a Riverstone Terraces rental property, all Healthy Homes compliance items must be taken care of within 90 days.
Since the 1st July of 2021, if a new or renewed contract is signed on the Riverstone Terraces rental property, all Healthy Homes compliance work must be taken care of inside of 90 days.
Failure to comply with each of Healthy Homes Standards inside of the deadlines can result in the possibility of a fine up to $7200. Additionally, if the most currently-in place Healthy Homes Statement of Compliance isn’t incorporated within a new, renewed or revised tenancy agreement it could result in additional penalties or an infringement fee.
Every tenant is entitled to request information about the Healthy Homes Standard and how they relate to the home they are living in. If the property manager fails to supply the necessary information within 21 days of receiving the request, they will receive an infringement notification and could be fined up to $750.
Additionally, there is also a penalty as much as $900 for landlords and property managers that provide false or inaccurate Healthy Homes Statement of Compliance or other information. The person who is liable to pay this fine is the one who is identified on the tenancy agreement as being the person leasing the property out, so it could be the landlord’s name or the property management company.
All information in the Compliance Statement needs to be current before the tenancy agreement can be signed. It should be kept updated throughout the duration of the tenancy when any necessary work related to it is finished.
It is important to keep in mind that landlords who manage multiple rental properties could face greater penalties for non-compliance. The most severe penalties are handed down for serious breaches. Landlords with six or more properties could receive fines of up to $50,000, and even as high as $100,000 in the case of hearing claims.
In the end, a failure to meet requirements of Healthy Homes requirements can hit your wallet resulting in huge fines, in addition to still being required to comply with the regulations. Don’t take a chance with your rental property Contact us now and request a home assessment done on your rental property.
Check out the complete details of how to apply the Residential Tenancies Act landlords responsibilities.