In this episode of TR Talks Real Estate, Rajiv Rajpal and Liam Wickett dive deep into the pressing issues surrounding the Landlord Tenant Board (LTB) in Ontario, including its massive backlog of 53,000 cases. Our discussion covers the COVID-19 pandemic disrupted eviction processes, the challenges faced by landlords and tenants, and the critical importance of proper tenant screening to protect landlords' investments.
We explore the LTB's strategies to resolve the backlog, including hiring a dedicated team and aiming for resolution by 2025. With insights into the heavy caseloads faced by adjudicators and the strained state of the rental market, this episode offers practical advice and expert perspectives on navigating these challenges effectively.
Key Takeaways:
Whether you’re a landlord, tenant, or real estate professional, this episode provides actionable tips and insights to navigate Ontario’s rental market and prepare for upcoming changes.
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