Effectively managing vacancies is key to the viability of a non-profit housing project.

If vacant units are left unoccupied and overall rental income declines, management may be unable to meet its financial obligations and/or maintain the building(s) at an acceptable standard.

The amount of required notice a resident needs to provide before leaving varies across the provinces/territories and between non-profit rental projects and co-operatives.

Date Published:: March 31, 2018