Consultation on Residential Leases: Fees on Transfer of Title, Change of Occupancy and Other Events SUMMARY

Some residential leases require the leaseholder to pay a fee when they resell the property, sub-let it, and on certain other events. The fee can be up to 30% of the property’s resale price. The money either goes to the landlord or into a fund for the long

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Residential Leases: Fees on Transfer of Title, Change of Occupancy and Other Events – A consultation paper

Some residential leases require the leaseholder to pay a fee when they resell the property, sub-let it, and on certain other events. The fee can be up to 30% of the property’s resale price. The money either goes to the landlord or into a fund for the long

Read more...