Mobile Home Parks and Land Lease Communities ◦ These are popular options for mature adults ◦ Their terms run between 20 and 99 years ◦ They are governed by the Residential Tenancies Act ◦ Landlord retains possession of land, structures, services and facilities that are used by the tenant ◦ Land lease home = permanent structure ◦ Mobile home = moveable structure ◦ People staying on property temporarily (like on vacation) are exempt from Residential Tenancies Act
◦ Lease/sale of Land Lease Home/Mobile Home The tenant can lease/sell mobile home/land without consent of the landlord The landlord can act as an agent of the tenant in this regard ◦ Signage The tenant may put up signs in windows The landlord may only prohibit signs if: The prohibition applies to all tenants The landlord provides a bulletin board free of charge and in a place that is accessible to public at all times ◦ First right of refusal (if contained in tenancy contract) This means the landlord is given a certain period of time to purchase land lease home from the seller on same terms as the offer made by a buyer
Care Homes ◦ Care homes = regulated by Residential Tenancies Act ◦ They are residential complexes where residents receive care services such as therapeutic/rehabilitative services or daily living assistance services ◦ Regulations lay out a guideline about the various services that can be offered These include nursing, bathing, feeding, dressing, personal hygiene, ambulatory assistance and emergency response services ◦ Care home tenancy agreement must lay out all meals and services that will be provided and related costs
◦ All agreements should include statements saying that the prospective tenant has: Right to get advice from third-parties (family member, realtor, lawyer etc.) Right to cancel agreement within five days of entering into it (cooling period) ◦ Prospective tenants should be provided with information packages that include staff, medical response, fire and emergency information Minimum requirements of this package are governed by regulations
Life-Lease Communities ◦ Also known as Life Equity/Life Estate Community ◦ Life lease projects allow residents to buy the right to occupy a unit for life (life of the survivor if there are two residents in the occupancy agreement) ◦ They are legislated by contract law, not the Condo Act or Residential Tenancies Act ◦ Life-lease cannot be assigned or transferred without permission of the landlord
There can be more than one matrimonial home (for instance, one in the city and one in the countryside) If a property is deemed to be the family residence at a particular time, it can be designated as the matrimonial home at that time ◦ Only a property designated as a matrimonial home (and not all other homes) will be protected by Part II of the Family Law Act (related to consent and possession)
Family Law Act lays down the process for equal division of property in case a marriage ends ◦ Property obtained during the marriage is divided equally unless the couple have a valid contract distributing the property in a different way, or if there is a court order to the contrary ◦ If property is obtained before the marriage, the non-title spouse is entitled to 50% of the incremental increase in the value of the property Both spouses have equal right in possession of the matrimonial home ◦ This is not an interest in land, but a personal right
When selling ◦ If both are registered owners (the title is jointly held), they both must sign the Agreement of Purchase and Sale ◦ If only one spouse holds title, the non-title spouse must sign under Spousal Consent (page 4 of the Agreement of Purchase and Sale) The property may not be disposed (gifted, given away, sold etc.) or encumbered (loaned out etc.) without spousal consent Without spousal consent signature, problems may arise pursuant to Family Law Act Non-title owner may not sign anything in the Agreement besides the Spousal Consent ◦ This applies to all properties but is subject to exceptions (court award, pre-nuptial contract, gift, inheritance etc.)
When buying ◦ Both spouses do not have to sign while buying, but typically both spouses sign/initial the Agreement ◦ A spouse who does not sign may be added later via Amendment to the Agreement or through direction (lawyer) ◦ Spousal consent is not necessary while buying Common law marriage ◦ Involve two people of same or different sex who have cohabitated for 3 years or with a child and a relationship of some permanence ◦ Does not offer same rules and rights as marriage ◦ Court determines status of property that has been cohabitated – no automatic right to share value of real estate