Saturday, December 26, 2009

23 Tenants Land On The Street As Landlord In Foreclosure Pockets Rent, Fails To Correct Fire Code Violations, Resulting In Eviction

In Regina, Saskatchewan, CBC News reports:

  • The Regina landlord who's at the centre of a recent eviction controversy says he may have made mistakes, but he was only trying to help disadvantaged people. [Last] Monday, 23 tenants were evicted from a downtown Regina building co-owned by Paul Ehmann due to fire code violations and other problems. [...] Some of the tenants who were forced out said they had already paid rent to Ehmann's company and were hoping to get their money back. [...] Lack of money [...] prevents him from paying back the tenants, he said.

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  • Almost three years ago, [local businessman Larry] Sydor loaned $400,000 to Ehmann, with the building as security, but he's still waiting for payment. "This loan was supposed to be a one-year loan and it's been ... almost three years," Sydor said. Sydor now has a court judgment which means that in less than a week the building will be in foreclosure and put up for sale. The building is worth around $650,000, but there are more than $900,000 worth of liens against it.

For the story, see Controversial landlord says he was only trying to help.

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