Thursday, July 14, 2011

Can I increase rent when I am a new landlord?

I will be taking possession of a duplex in Ontario, Canada in July, 2011. I am not sure if the current tenant has a lease or is renting by month to month. My question is, when I take possession of the duplex in July, am I allowed to set a new rent, or ask them to pay their own hydro?

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