Thread: Suite deal!
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Old 06-11-2013, 11:02 PM   #6
photon
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Quote:
Originally Posted by jaydorn View Post
I mean arean't most leases fixed terms?
I wouldn't say so, most people I deal with just want month by month rather than fixed term, and most landlords I know seem to work that way. I don't know what the ratio in Alberta would be though. I prefer fixed term as it gives a distinct end if things aren't going as I would prefer, gives me the ability to choose to continue the arrangement or not.

Quote:
Originally Posted by jaydorn View Post
Yeah if some one qualified for the program one month and then got a big raise next month they should be ineligible for renewal 11 months later, but there's gotta be a transition period there & a process for saying "ok you used the program when you needed it, but you need to make alternate plans at the end of your lease".
One of the articles mentions that's exactly how they do it now with leases being fixed term leases rather than periodic ones. The issue is the people with existing leases that are periodic rather than fixed term I guess, there's nothing they can do about them other than my suggestion of raising the rent some crazy amount, and maybe because of the nature of the housing there's other terms of the rental agreement that prohibit that.

Quote:
Originally Posted by jaydorn View Post
Do Alberta landlord/tenant laws now allow for changes to the lease? EG: 90 days notice, etc?
Not really no, for a periodic lease there's only very limited reasons a tenant that's paying their rent and taking care of the property can be evicted (significant renovations, change of use like condo conversion, family moving in, that kind of thing).

Quote:
Originally Posted by jaydorn View Post
I dunno, seems like we're getting a very editorialized version of what's happening here. But I suppose "Rich people bleeding tax payers dry!" is a better headline than anything else.
There are a certain # of people getting away with it, so it does seem pretty straight forward, but the laws are what they are and the same people that are outraged that the "government isn't doing anything to stop this" would be the exact same people who would be outraged that "the government is changing a whole set of laws just to make their life easier".

No doubt that early in the program they should have gone with fixed term rather than periodic tenancies, but that's just a mistake from lack of experience that probably all landlords have gone through. That doesn't fit the "horrible government/administration/etc" narrative tho.
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