Ciao! Welcome to a new episode of Helping YOU Build Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams in Toronto.

In this episode, we tackle the massive changes coming to the Residential Tenancies Act under Bill 60 (The Fighting Delays, Building Faster Act, 2025). If you’ve been frustrated by the gridlock at the Landlord and Tenant Board, this episode is your survival guide. We break down exactly how the provincial government is moving to "clean up" the system and what it means for your investment portfolio.

Key Takeaways:

• The 7-Day Rule: Why the window for rent arrears filings just got cut in half.

• Upfront Payments: Understanding the 50% arrears requirement to raise maintenance disputes.

• N12 Incentives: How providing 120 days' notice can save you a full month’s rent compensation.

• The "9-in-11" Standard: Legal clarity on what actually constitutes persistent late payment.

• Public Database: Why your LTB history (and your tenant's) is about to become public knowledge.

Don't let legislative shifts derail your real estate goals. Stay informed, stay ahead.

Thank you for listening and building your wealth, brick by brick!

Nico

thecondowiz@gmail.com

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