We have helped to lobby government to protect tenancy deposits.
"For commercial leasing, there's no law beyond your contract to protect tenancy.
He said: "This should help protect tenancies and minimise rent arrears which will benefit both the tenant and the landlord.
Therefore they do not seek to protect guardians' tenancy rights.
You should ask what measures are in place to protect your tenancy in case the community hits hard financial times or forecloses.
If a tenancy is protected and the agreement does not allow the landlord/lady to raise the rent, he/she cannot do so until the tenancy comes to an end.
"You don't give a renovations permit to anyone unless they show that tenancy will be protected".
In practice, that means deposits, which had been protected at the beginning of a tenancy, can become unprotected later on.
In fact, he said, the Court of Appeals articulated the conditions under which a co-op board's action to terminate a tenancy would not be protected by the business judgment rule and would be subject to judicial review.
