Useful Life of Work Done or Thing Purchased (RTA)
Hearn v Shantz, 2021 CanLII 91892 (ON LTB)[1]
7. However, the Schedule to Ontario Regulation 516/06, “Useful Life of Work Done or Thing Purchased”, applies a 10-year depreciation timetable for interior painting related to common areas. Given that the Landlords fixed and repainted the stair well on an unspecified date in 2019, for the purpose of this hearing I resolved the ambiguity in this date in favour of the Tenant and deemed that this activity took place at the start of 2019. In light of the fact that the damage took place at the start of 2020, the painting and repair effort would have already experienced 10% depreciation when the damage occurred. As such, I determined that the appropriate amount of the award is $900.00.
References
- ↑ 1.0 1.1 Hearn v Shantz, 2021 CanLII 91892 (ON LTB), <https://canlii.ca/t/jj9xn>, retrieved on 2022-06-27