The Association of Quebec Landlords (APQ) wishes to remind the owners of rental residences to verify the duration and the expiration date of their current leases because the great majority of the leases last one year, finishing on June 30. Thus there remain only 2 days for you to send the notice of renewal of the lease to your tenants, should that be your case.
In general, the owner forwards a written notice to the tenant whose rent he wishes to increase. In the absence of a notice from the owner the lease is renewed at the same conditions for the same duration if the lease covers 12 months or less.
The delay for the sending of a notice of modification to the lease varies according to the duration of the lease:
The tenant may give an answer to the notice within the month which follows its reception. In the absence of a response within the one-month delay the lease is renewed at the conditions mentioned in the notice.
It is also important to remind that by this sending of the notice of increase in rent it is not necessary to sign a new lease. Indeed, as all the other conditions of the lease remain unchanged, it is enough to preserve the notice of modification with the lease and with the proof of reception of the notice by the tenant. Only the modifications envisaged in the notice are changed.
In the process of the renting of vacant residences it is important to be ensured of the solvency and the behaviour of the candidates for the renting of a housing because the owner must guarantee the tenants of the building that they will be able to live in all tranquility in their housing.
Visit our Website at www.apq.org with the following link: http://www.apq.org/Special.aspx?id=1&lang=fr&specialid=183 to know the best way for having peace of mind: Evaluations 360º from the APQ.
Founded in 1984, the Association of Quebec Landlords (APQ) is the most important association to offer services to the owners of rental residences while being present in all the regions of Quebec.