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Payment of rent

By Wm. F. Watson

It is a material term of every tenancy agreement that the tenant is to pay the rent on time unless the tenant is permitted under the Act to deduct from the rent. If the rent is unpaid, the landlord may issue a notice to end a tenancy to the tenant, which may take effect not earlier than 10 days after the date the tenant receives the notice.

The landlord must not take away or make the tenant pay extra for a service or facility that is already included in the rent, unless a reduction is made under section 27 (2) of the Act, which is the provision that the landlord must give at least 30 day’s written notice on approved forms that he is withdrawing or reducing a non-essential service or facility. The landlord must also reduce the rent in an amount equivalent to the reduction in value of the service or facility.

If the tenant pays the rent in cash, the landlord must give the tenant a receipt.
The landlord must return to the tenant on or before the last day of the tenancy any post-dated cheques for rent that remain in the possession of the landlord. If the landlord does not have a forwarding address for the tenant and the tenant has vacated the premises without notice to the landlord, the landlord must forward any post-dated cheques for rent to the tenant when the tenant provides a forwarding address in writing.

   
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Expert Advice - Late Rent

Q: How am I suppose to collect the rent in a secure way and convenient way?

thanks
A: Many landlords now take electronic deposits, which they believe are secure and convenient. Others prefer post-dated cheques. I know of quite a few landlords who make arrangements to swing by and pick up the rent cheque each month - they feel that they are being conscientious and can keep an eye on the place too. Cash is still legal tender in Canada and is accepted as a preferred way of paying by many landlords.

So the answer really is that the most secure and convenient way to collect the rent is the way that is most in keeping with your goals and objectives as a landlord and a business person.

 
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More on this Subject

   Related Forms

       - Notice to End Tenancy for Unpaid Rent RTB-30 apartment for rent graphics

   Other Resources

     - British Columbia Tenancy Office - Guideline GL-38 apartment for rent graphics

 
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