Common use of Rent Increases Clause in Contracts

Rent Increases. The rent can only go up once a year. Before the rent can go up, the tenant must be given an official notice called a rent-increase notice. This notice might be sent by email if the Agreement allows for this. Any rent-increase notice must be given to the tenant by the landlord at least 3 months before the date that the rent is to go up. If the tenant receives a rent-increase notice, and the tenant thinks that the new rent would be higher than is being charged at that time for similar properties, then the tenant can ask a Rent Officer to decide whether the increase is fair.

Appears in 8 contracts

Samples: Private Residential Tenancy Agreement, Private Residential Tenancy Agreement, Private Residential Tenancy Agreement

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