Managing your rental
If SIREG's interest in your tenant's tenancy is assigned to you, you become the landlord. What Ontario law asks of you: notices, rent, deposits and repairs.
By the Tenant.ca teamUpdated 5 min read
According to the October 7 court filing by SIREG's companies and their proposal trustee, SIREG Management managed investor-owned condo units under lease and management agreements with their owners, and the trustee intends to ask the court to assign SIREG Management's interests in those residential tenancies to the unit owners. If the court approves, the person living in your unit would become your tenant directly.
This checklist covers what the Residential Tenancies Act and the Condominium Act ask of a landlord in that position. Read it alongside the court's order, and have a lawyer confirm how the order applies to your unit.
This page is general information, not legal advice. It reflects public sources checked on October 13, 2026, and the situation is changing: the court had not ruled when it was written.
The Act defines a landlord to include the assigns and successors of the person who rented the unit out, and section 18 says covenants about the unit run with the land. In practice the tenant keeps their lease, their rent and their rights; what changes is who they deal with. The tenant does not have to sign a new lease, and section 106 stops a new landlord from requiring a second rent deposit.
Section 12 of the Act requires a written tenancy agreement to set out the landlord's legal name and address for notices, and suspends the tenant's obligation to pay rent until a landlord has complied. When the landlord changes, write to the tenant with your legal name, an address for notices, how and where to pay rent from now on, and who to contact for repairs and emergencies. Keep a copy.
If your tenant paid by pre-authorized debit, that arrangement will need replacing. Section 108 says a landlord cannot require post-dated cheques or automatic payments, so offer ways to pay and let the tenant choose; a tenant can still agree to set one up.
Under section 106 a new landlord cannot require a rent deposit from a tenant who already paid one to the previous landlord, and a landlord must pay interest on a rent deposit every year at the rent increase guideline rate. Ask the trustee, through your lawyer, what happens to any deposit SIREG holds for your unit; the court filing does not say.
Section 109 requires a landlord to give a free receipt for rent or a deposit when the tenant asks. Keep your own record of every payment from the first one.
The rules that apply from the day you are the landlord:
Section 83 of the Condominium Act requires an owner who leases a unit to tell the corporation within 10 days, give it the tenant's name, the owner's address and a copy or summary of the lease, and give the tenant the declaration, by-laws and rules. Ask your lawyer whether the corporation should get that notice from you once the tenancy is yours; with no board in place, send it to the corporation's address for service on the CAO Condo Registry and keep proof.
Ask the corporation, or its new board once elected, for the status of your unit's common expenses, so you know whether anything was left unpaid.
Ask for these through your lawyer or the trustee, and keep copies of everything:
Everything on this list is work Tenant.ca does for the owners we manage for: the letter to your tenant, a rent record and receipts, repair requests with estimates for your approval, notices in the right form and the paperwork with the condo.
With Tenant.ca you stay the landlord and we manage the unit under a management agreement: we tell your tenant in writing who to contact and how to pay, collect the rent, coordinate repairs you approve and report to you. The fee is $98 plus HST per unit per month, the first 60 days of the agreement are a trial period, and your owner portal shows each rent payment for each unit.
We take on SIREG-managed units in the GTA and in Brantford, Chatham, Hamilton, Kitchener, Listowel, London (1265 and 1275 Bentley Drive only), Sarnia, St. Catharines, Tillsonburg, Waterloo, Welland, Windsor and Woodstock. Send us the building address and unit number and we will confirm coverage. There is no rush and no obligation, and you can call 1-866-TENANT-0 (836-2680) if you would rather talk it through.
