CRESI Ontario Landlord Series Podcast

← CRESI Ontario Landlord Series Podcast30 sept. · 38 min

Faster Evictions for Rent Non-Payment? Bill 60's N4, N8 & N12 Changes Explained | WLNTK Ep 7

Faster Evictions for Rent Non-Payment? Bill 60's N4, N8 & N12 Changes Explained | WLNTK Ep 730 sept.38 min

<p>Bill 60 came into effect on September 21, and landlords are asking one question: can I evict faster now? Kevin Breitner, Robert Di Lisi and Kayla Andrade break down what really changed on the N4 for non-payment of rent, what Robert understands the new N8 to say about persistent late payment, how the N12 timing may work now, and why half the time to file is not half the time to evict.</p><p>They also get into LTB delays, the 50 percent rule when a tenant files a T2, bad-faith eviction fines, why the October 26 municipal election matters for every Ontario landlord, and a new CRESI insurance program that covers the eviction process when a tenant stops paying rent.</p><p><b>Chapters</b><br>0:00 Welcome back and what this recap covers<br>0:54 Bill 60 and the N4: seven days to file, not seven days to evict<br>8:08 The N8: what counts as persistent late payment<br>14:46 The N12: new timing and why it is not a shortcut<br>18:07 Tenanted sales and why the LTB is so slow<br>21:35 The 50 percent maintenance rule and the T2 problem<br>23:54 Municipal elections, nonprofits and following the money<br>30:16 New landlord insurance program for non-payment<br>36:22 Final words: vote on October 26</p><p><b>🎙️ Your hosts:</b><br>Kevin Breitner, CRESI: <a href="https://cresi.ca">https://cresi.ca</a><br>Robert Di Lisi, Licensed paralegal, Stonegate Legal Services: <a href="https://stonegatelegalservices.ca/">https://stonegatelegalservices.ca/</a><br>Kayla Andrade, Landlord advocate: <a href="https://frontlobby.com">https://frontlobby.com</a></p><p>Prefer to watch? See the full video on YouTube: <a href="https://www.youtube.com/watch?v=SnI6Xzw8vko">https://www.youtube.com/watch?v=SnI6Xzw8vko</a></p><p><b>Website: <a href="https://cresi.ca">https://cresi.ca</a></b><br>Have a question about your property? Talk to Kevin Breitner: <a href="https://cresi.ca">https://cresi.ca</a></p><p><i>While we are professionals, this podcast is for informational and entertainment purposes only. The advice shared may not apply to your unique situation. Always seek personalized advice from a qualified professional before making any investment decisions.</i></p>