Expanded Legal Section of Neat Accommodations Business Plan

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Upon the completion of my Bachelor of Commerce Degree from the University of Alberta, I am intent on purchasing several condominium units in downtown Edmonton and renting them on a short-term basis (i.e. by the week or by the month). To do so, I shall incorporate under the name Neat Accommodation (to be known as Neat throughout the remainder of this document). The operations of Neat will be governed under Alberta’s Residential Tenancy Act. This text will explore the operational implications of the act for Neat by making reference to Service Alberta’s Consumer Tips – Information for Landlords document and can be seen as an approximate, expanded equivalent to the legal section of Neat’s forthcoming business plan .
Important Note:
The document referenced includes the following disclaimer: “this publication is intended to provide general information only and is not a substitute for legal advice.” Accordingly, before the commencement of operations, a legal opinion will have to be sought to ensure Neat policies are in compliance with any related provincial legislation – particularly, the Residential Tenancies Act.
“The RTA says a landlord may be… the property manager who acts as an agent for the owner .”
The implication of this statement is that when and if points of Neat’s operation that specifically involve contact with tenants are contracted out to third parties, those third parties will in effect be acting as and for Neat. This creates a concern, as Neat will only employ one employee – Kory Orban – for the first several years of operation. Accordingly, accommodations for sick and vacation days will inevitably have to be made for said-employee and thus, third parties will have to be hired to perform all normal duties (i.e. book...

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...d and will have to budget accordingly.
It is important to mention that condo corporation has the unilateral right to evict those tenants whom do not follow building bylaws, cause damage, or threaten other residences. Of course, when required, Neat would cooperate in the condo corporations desire to do this.
Other Relevant Government Acts :
The other most relevant law that applies to Neat’s operations is Minimum Housing and Health Standards of the Public Health Act. Neat is to operate as a premium service provider and therefore, intends to surpass these requirements. However, for the sake of diligence, respect for clients, and for the law, Alberta Health Service’s Rental Housing and Health in Alberta Information Sheet has been included in the Appendix II section of this document. Further, all maintenance and cleaning policies will be made with this act in mind.

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