Rental Property Healthy Homes Fines
Fines for Failing to Comply
Since the 1st July of 2021, when a brand new, renewed or varied tenancy is signed on a Waterloo rental property, all Healthy Homes compliance items have to be completed within 90 days.
Beginning on July 1st, 2021, when a new or renewed contract is signed on a Waterloo rental property, all Healthy Homes compliance work must be finished within 90 days.
Failure to adhere to all of the Healthy Homes Standards inside of the expected timeframe can result in an amount of $7200. In addition, if the present Healthy Homes Statement of Compliance is not incorporated within the renewal, new or revised tenancy agreement, there could be an additional penalty or infringement fee.
Every tenant is entitled to request details about the Healthy Homes Standard and how they relate to the property they reside in. If the property manager does not supply the necessary information within 21 days of having received the inquiry, they can receive an infringement notice and be fined upto $750.
In addition, there is also a penalty approximately $900 for landlords or property managers who offer a false or misleading Healthy Homes Statement of Compliance or any other information. The person who is responsible for this fine is whoever is identified on the tenancy agreement as the one who is letting the property out which could be the name of the landlord as well as the company that manages the property.
All the information on the Compliance Statement needs to be accurate at the time that the tenancy agreement is executed, and it must be updated during the entire tenancy, as related work is completed.
It is also crucial to remember that a landlord who manage multiple rental properties could face even higher fines for non-compliance. The most severe penalties are handed down for the most serious violations. Those who have more than six properties could be fined as high as $50,000, and as much as $100,000 in hearings.
It is clear that failure to comply with your Healthy Homes requirements can hit your pocket hard, and result in huge fines, in addition to continuing to be required to comply with the requirements. Don’t put your rental at risk. property Contact us now and ask us to conduct an home evaluation performed on the rental property you are renting.
Get the full description of how to apply the Residential Tenancies Act landlords responsibilities.