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Why Landlords Should Report Rent Payments to Credit Bureaus

FrontLobby

Updated March 18, 2024

One of the most crucial elements towards building a good Landlord-Tenant relationship is the clear understanding of maintenance responsibilities.

Featured Resources

How Can a Landlord Report Tenant Rent Payments to Credit Bureaus

Application and Lease Clauses for Landlords

Tenant Screening Best Practices for Landlords and Property Managers

Latest Articles

Should Landlords Hire a Collections Agency for Unpaid Rent (LP)?

When rent goes unpaid, Housing Providers often find themselves in a tough spot, unsure of how to proceed within the confines of Canadian law. Fortunately, there are legal avenues for Landlords and Property Managers to recover unpaid rent, and one such option is hiring a collections agency.

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Should landlords hire a collections agency for unpaid rent - mobile image of male landlord reviewing late rent payments.

Should Landlords Hire a Collections Agency for Unpaid Rent?

When rent goes unpaid, Housing Providers often find themselves in a tough spot, unsure of how to proceed within the confines of Canadian law. Fortunately, there are legal avenues for Landlords and Property Managers to recover unpaid rent, and one such option is hiring a collections agency.

Read More
Man and woman being handed keys to home after completing rent to own contract.

The Pros and Cons of Rent-to-Own Homes

If you’re considering buying a home but can’t get a mortgage or don’t have enough money saved for a down payment, rent-to-own programs offer an alternative option to home ownership.

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Does Paying Rent Build Credit Mobile Image - Image of female landlord and tenant happy in interview

Does Paying Rent Build Credit

Having a good credit score is critical for many aspects of life, from renting an apartment to getting a loan. Credit scores not only affect how lenders view you, but also to what degree you can be approved for certain financial milestones.

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Landlord Tenant Board - How to evict a Tenant for Non payment of Rent - mobile - Image of female Landlord in front of laptop.

Should Landlords Hire a Collections Agency for Unpaid Rent?

The eviction process in Ontario is governed by the Residential Tenancies Act (RTA) and enforced by the Landlord and Tenant Board (LTB). The LTB is responsible for mediating disputes between Landlords and Tenants, adjudicating claims, and issuing orders when necessary.

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