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Ontario’s Bill 184 – Tenants VS Landlords? Ft. Heather Karloff | KT Confidential E91

Check out Heather’s Instagram -> @heather.karloff

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On today’s podcast, episode #91, Adrian is joined by one of our top agents, Heather Karloff, to discuss Ontario’s bill 184.

Bill 184 brings evictions back into the forefront of the rental market after months spent navigating the pandemic and trying to accommodate both tenants who have lost their income and cannot afford rent, and landlords who are struggling to collect rent and make mortgage payments. A main aspects of the bill involves repayment plans between tenants and landlords and the legal steps landlords can now take if agreements cannot be formed.

Every tenant and landlord relationship is unique. Some landlords would rather undercharge to keep a respectable and reliable tenant in their property, while others would rather avoid meeting any tenants and rent to the highest bidder exclusively. The most important aspect from both sides is being educated on what is expected of you and what your rights are in each situation. When there is a mutual understanding from both parties, that is when we see some of the best tenant/landlord relationships form.

The new reality that comes with bill 184, the pros and cons of finding good tenant vs finding the highest paying tenant, and the ever growing demand for rural properties as people continue to live out of the city. All of that and more on today’s episode of KT Confidential – Real Estate Podcast.

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Adrian Trott
Ariel Kormendy
Heather Karloff
Steve Bruman
Chris Behie
Jennifer Singh
Steve Cecchetto

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The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.

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