Landlords should be aware of being cheated

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Recently a Toronto landlord who discovered her condo unit was being rented out repeatedly on Airbnb without her knowledge by a property management company won her case at the Landlord and Tenant Board.

Earlier this year, an investigation by a media outlet showed that several condo owners’ units were being listed on the home sharing website by a “host” who claimed she worked for a local property management company, which prompted calls for more regulations.

The victim who had her home damaged by Airbnb guests had to spend thousands of dollars fighting for compensation for damages she believes were caused by at least 70 Airbnb guests and to evict a tenant who apparently had never actually moved in.

The Landlord and Tenant board has ordered the tenant to pay Jovasevic roughly $4,400.

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That decision also stated the tenant’s agent was not “credible” on the witness stand and provided testimony that was “demonstrably untrue” during the hearing in May.
The whole ordeal started back in 2016.

Here is how it played out, the landlord used a real estate agent in the hope of finding the ideal renter for the unit at 300 Front Street West, a high-rise near Toronto’s iconic CN Tower.
The couple never met the tenant, allowing the real estate agent to broker the deal instead, but the man seemed like a safe bet: He provided a reference letter saying he worked as an accountant for a Toronto property management company called Zahra Properties.

And, for the next year, the pair was worry-free as monthly rent payments of $2,100 kept coming in.

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It was only when she received a couple of calls from the building concierge regarding her unit door that was left open and a noise complaint that she investigated and discovered what was going on.
According to anecdotal reports, many such condos managed on behalf of landlords end up being advertised as short-term rentals. Landlords who have merely bought condo units as investments are quite happy to receive regular rental income checks in the mail don’t know how their units are being misused.

While condo units end up being rented out to short-term renters, many houses that are rented to one or two families end up having the renters sub-let it to more individuals or bringing in more renters without the knowledge of the landlord.

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As the cost of renting a home rises, such cases are bound to increase. -CINEWS

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