Toronto landlord launches $1.6M lawsuit after city gave stranger approval to rent her condo on Airbnb

A Toronto landlord is suing her former tenant, the tenant’s boyfriend, the City of Toronto and Airbnb, after her downtown condominium was rented out on the short-term rental platform for months without her knowledge or consent.

The statement of claim, filed on behalf of Allison Rasquinha in the Ontario Superior Court of Justice on June 22, says Michele Nicole Carter and Jose Cornejo Kelly registered Rasquinha’s studio condo on Adelaide Street West with the city for short-term rental without authorization and rented it out dozens of times on Airbnb in violation of the condo corporation’s rules.

It accuses Airbnb and the city of facilitating the registration and rental of the unit, claiming both neglected their responsibility to verify whether Carter and Cornejo Kelly had the legal right to rent out the property on a short-term basis.

“[My condo] is my most valuable possession. It’s near and dear to my heart,” Rasquinha said in an interview with CBC.

“It’s a terrible feeling to see something you love being weaponized for profit and gain that you weren’t even aware of.”

The lawsuit seeks $1.6 million in damages from the four defendants for financial losses and mental anguish, among other harms. The allegations

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RentSpree Offers Insight on How Real Estate Agents Can Capitalize on the Growing Rental Market

The Rental Management Software Company Highlights the Unique Opportunity that Rentals Provide in a Challenging Housing Market

LOS ANGELES, dec. 20, 2022 /PRNewswire/ — RentSpree, the industry’s premier end-to-end rental management software provider, is dedicated to changing the mindset around the profitability of rental properties. A 2022 RentSpree + RealTrends Rental Power Rankings the study made it clear that many agents do not view rentals as worthy of their time and resources. Approximately 50% of the surveyed agents claimed that the commission was “too low” for the time and effort required to lease a rental property, and 43% of surveyed agents claimed that a lack of knowledge of the rental market kept them from working in that spaces. In short, many real estate agents see working with rentals as a poor return on investment (ROI).

RentSpree challenges that perception and highlights how rentals can increase agent profitability year-round, especially in an economic downturn. With new insights into the misconceptions of the rental industry, here are some tips on how agents can stay ahead of the economic forecast:

  • Leverage the Right Resources: With the right tools and industry knowledge, real estate agents can increase their cash flow by assisting tenants
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