Manitoba Landlords Make Sure You Are Up To Date On the Latest Landlord and Tenant Rules
It’s been a tough winter for Winnipeg landlords. And now there are some new rules for us.
Whether you are a Winnipeg landlord, own rental properties in Brandon, or are a landlord anywhere in the province experienced Manitoba landlords know the importance of being knowledgeable on the latest industry rules.
The latest news from the Manitoba Residential Tenancies Branch is about changes to notice requirements.
The new rules are required for landlords who want to give notice for the following:
1. The Landlord Wants To Move Into the Rental
2. The Landlord Wants to Renovate the Rental Property and the Tenant Can’t Stay While the Work Is Being Done
3. The Landlord plans to Demolish the Rental Property
4. The Landlord Will Convert the Unit From a Residential Rental Property to Something Different.
Written Notice and Time Changes
If you fit into any of the four categories you have to provide your tenants with written notice. This is common for all Canada landlords.
The Important Point To Know Is the Length Of Time Required.
You also have to provide the legal amount of time for the notice.
According to the Residential Tenancies Branch the length of the notice required is now dependent upon the current vacancy rates of the area.
How Do I Know The Vacancy Rate?
The vacancy rates will be determined by statistics given by the Canada Mortgage and Housing Corporation (CMHC) and their “Rental Market Report.”
Do I Have To Contact the CMHC?
No, the Residential Tenancies Branch will have the information for you.
Can You Provide Me With Some Examples?
-Notice for Winnipeg landlords has changed to 4 months.
-Notice for Portage la Prairie landlords has changed to 4 months
-Notice for Steinback has changed to 3 months.
-Notice for Winkler landlords was added to and now requires 5 months.
On average notice times for Manitoba landlords outside of these cities is now four months.
The 3% Vacancy Rate Threshold
Iif the tenant is on a month-to-month tenancy and the vacancy rate for the unit is below 3%, the landlord must give the tenant 3 months’ notice. If the rate is 3% or higher, then only one month notice is necessary.
This Sounds Needlessly Complicated for Landlords and Tenants
We agree. After all Alberta landlords have a simple system for notices.
And being a residential landlord in Manitoba is already tough enough.
Even BC landlords don’t have to worry about finding out what the vacancy rate is before knowing how to proceed with sending out their notices. Ontario landlords also don’t need to study statistics from the CMHC for notices.
Please contact your local branch office for more information and details on rule changes.