Rental Property Healthy Homes Fines
Fines for Failing to Comply
Beginning on July 1st, 2021, when a brand new or renewed tenancy is signed for a Waterloo rental property, all Healthy Homes compliance items have to be done inside of 90 days.
As of 1st July 2021, if a new or renewed tenancy is signed on a Waterloo rental property, all Healthy Homes compliance work must be finished inside of 90 days.
Failure to meet each of Healthy Homes Standards by the end of the expected timeframe can result in an amount of $7200. In addition, if the currently-in place Healthy Homes Statement of Compliance is not incorporated in an updated, renewed, or revised tenancy contract, there may be additional penalties or an infringement fee.
Anyone can request details regarding the Healthy Homes Standard and how they relate to the building they reside in. If the property manager does not provide the required information within 21 days of receiving the request, they may be issued an infringement notice and could be fined up to $750.
In addition, there is also a fine of as much as $900 for landlords and property managers who have provided a false or incorrect Healthy Homes Statement of Compliance or any other information. The person responsible for this fine is whoever is named on the tenancy agreement as being the person renting the property It could also be the name of the landlord or the property management company.
The information contained in the Compliance Statement requirements to be accurate before the tenancy agreement can be signed. It should be kept updated through the tenancy period as necessary work related to it is finished.
It is also crucial to be aware that landlords who manage multiple rental properties may face even higher fines for non-compliance. The most severe penalties are reserved for the most serious breaches, and landlords with at least six rental properties could be fined up to $50,000 and as high as $100,000 in hearing claims.
Clearly, failure to comply with compliance with Healthy Homes requirements can hit your bank account resulting in huge fines, in addition to continuing to be required to comply with the requirements. Do not risk your rental property Contact us now and request a house inspection performed for your rental property.
Get the full description of how to apply the Residential Tenancies Act landlords responsibilities.