Compensation for Loss after Ending a Tenancy Policy: Residential Tenancies

The Compensation for Loss after Ending a Tenancy Policy (Policy 7) outlines how landlords can be compensated for losses if a tenancy ends early because a tenant has breached the Residential Tenancies Act or lease agreement. A breach can include unpaid rent, damages and lost rent due to the unit not getting rented out after the end of a tenancy.

This policy explains that landlords can file an Application to Director to ask for compensation if a tenant has breached the Residential Tenancies Act or the lease agreement and the tenancy ends early.

Information includes:

• types of breaches that can end a tenancy early
• process to follow when filing an Application to Director to ask for compensation
• what the landlord needs to do to try to limit their losses