π¨ ONTARIO LANDLORDS: Using the N13 form wrong could cost you $35,000! Legal expert Bita Di Lisi breaks down EXACTLY how to legally renovate while tenants are in place - and the new Toronto bylaw that's changing everything.
This episode is PACKED with insider legal knowledge that could save your investment. From extensive renovation definitions to the new $2,500 moving cost requirements in the GTA, we're covering the mistakes that trap landlords in bad faith lawsuits.
π₯ What You'll Learn:β
The REAL definition of "extensive renovation" (it's NOT just new floors!)
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Why you need permits BEFORE serving the N13 (or the LTB won't hear you)
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Toronto's new TRAP bylaw - what it costs landlords now
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How tenants can challenge your N13 (and WIN)
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The $35K bad faith penalty that's destroying landlords
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Why "good faith" matters more than you think
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Tenant's right of first refusal explained
π TORONTO UPDATE: As of July 31st, 2025, Toronto landlords face new relocation assistance requirements up to $2,500 per tenant - PLUS additional costs for seniors and disabled tenants.
β° CHAPTERS:0:00 - Introduction with Bita Di Lisi
1:18 - What is the N13 Form?
1:58 - Extensive Renovation vs Regular Maintenance
3:08 - Tenant's Right to Return at Same Rent
4:11 - Key N13 Requirements for Landlords
6:57 - Toronto's New TRAP Bylaw Explained
9:09 - Why the City Implemented These Changes
12:57 - What is "Bad Faith" in Legal Terms?
14:28 - Tenant Rights That Landlords Must Know
17:05 - Two-Year Limitation Period for Bad Faith Claims
19:49 - Final Legal Advice and Warnings
π‘ PRO TIP: Never serve an N13 without getting legal advice first. The consequences of getting it wrong are too expensive to risk.
π EXPERT CONTACTS:- Kevin Breitner (Real Estate Solutions):
cresi.ca- Bita Di Lisi (Legal Services):
stonegatelegalservices.caπ ESSENTIAL RESOURCES:-
Official N13 Form & Instructions-
Toronto's New Renoviction BylawDisclaimer: This podcast is for informational purposes only and should not be taken as legal advice. Always consult with qualified professionals for your specific situation.π§ PRODUCTION CREDITS:This episode is produced and edited by Jason Silvert. Contact
jason@letspodcasttogether.com to inquire about podcast production.