Last updated: August 6, 2024
Ordered by Stephan Kozak,Tribunals Ontario under Section 69, Residential Tenancies Act 2006
Dispute resolved in
Agreement
Ordered Amount
$35,000
to Landlord
Agree with the ruling?
Citation: Traextra Corporation Ltd. v Jason John Mc Donald, 2023 ONLTB 34797
File Number: LTB-L-059193-22
Tenancy End Date
Nov 2022
Application Date
Dec 2022
Hearing Date
Apr 2023
Order Date
May 9, 2023
The parties agreed that the tenancy terminated effective November 10, 2022 and the amount of rental arrears is more than the monetary jurisdiction of the Landlord and Tenant Board of $35,000.00. The Tenant shall pay the Landlord $35,000.00 in arrears, with a payment schedule of $1,000.00 per month from May 1, 2023 to September 1, 2023, and a final payment of $30,000.00 on September 29, 2023. If the Tenant defaults on any of the payments, the outstanding balance will become due and the Tenant will start to owe interest.
Landlord applied for an order to terminate the tenancy and evict Tenants due to failure to pay rent. The parties agreed that the tenancy terminated effective November 10, 2022 and the amount of rental arrears is more than the monetary jurisdiction of the Landlord and Tenant Board of $35,000.00.
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Rent Arrears
$35,000
Ordered Amount
$35,000 (to Landlord)
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