How Assetsoft Helps:

We configure your Yardi Rent Roll to automate this logic completely.

• Exemption Logic: We create a custom SQL trigger that checks the "Certificate of Occupancy" date on every unit. If the date is post-Nov 15, 2018, the system automatically tags the unit as "Uncapped," preventing revenue leakage on your premium assets.
• Automated N1 Generation: We set your correspondence module to generate, PDF-bundle, and email Form N1s exactly 95 days before the effective date, ensuring you never miss the 90-day window.

A: Generally, no. Under Bill 97 updates, tenants have the right to install air conditioning units, but you have new protections:

1. Notice: They must notify you in writing.
2. Safety: They must prove the unit is installed safely (no damage to the building).
3. Seasonal Increase: If electricity is included in the rent, you are legally allowed to charge a seasonal rent increase based on the actual or estimated cost of the power.

Q: What are the new rules for "Renovictions" (Form N13)?

A: If you need a unit vacant for extensive renovations, you can no longer simply state that work is needed. You must now provide a report from a "qualified person" (specifically an engineer or architect) confirming that the vacancy is necessary for the work to proceed.

How Assetsoft Helps:

• Seasonal Charge Automation: We configure Recurring Charges in Yardi with start/end dates (e.g., June to September) so the A/C fee hits the ledger automatically during summer months and drops off in October.
• Renovation Tracking: We use Yardi’s Job Cost module to link your engineer’s reports directly to the unit record, creating a digital audit trail should the LTB question your N13 application.

A: Effective January 1, 2026, the Ontario Fire Code has been updated.

The New Rule: You must have a working Carbon Monoxide alarm on every storey of the home, including the basement and other non-sleeping floors, if the home has a fuel-burning appliance (furnace, gas water heater) or an attached garage.

Q: Why is this a liability risk?

A: If an incident occurs and you cannot prove that an alarm was installed on the main floor (not just the sleeping quarters), your insurance coverage could be jeopardized.

How Assetsoft Helps:

Paper checklists are not proof. We implement Yardi Inspection Mobile to enforce compliance:

• Photo Verification: Maintenance technicians cannot close a "Turnover" or "Annual Inspection" work order without taking a time-stamped photo of the CO alarm on each level.
• Dashboards: We build a "Safety Compliance" dashboard on your Yardi Start Page that flags any unit that hasn't had a verified CO check in the last 12 months.