MLA calls for major changes to P.E.I's Residential Tenancy Act to protect landlords
MLA calls for major changes to P.E.I's Residential Tenancy Act to protect landlords
Some highlights include:
- Reducing the minimum required notice for a landlord to terminate a lease from 4 months to 2 months
- Increasing the maximum pre-approved annual rent increase from 3% to 10%
- Allowing a landlord to give a tenant a 5 day eviction notice if the landlord requests entry and the tenant refuses (for any reason) without rescheduling within 5 days
- Almost all provisions call for tenants to be responsible for some amount of payment directly to the landlord as well as an up to $5000 fine
The MLA behind it has a google form there's a feedback form that people can submit feedback here, I highly recommend people take the time and fill it out. Whether you oppose the proposals or not, this is something the wider public should be weighing in on.