RTA Part 5 – Rent Increases

For our final installment of the 5 key sections of the Residential Tenancy Act, we’ll take a look rent increases. How often can rent be increased? How much can rent increases be increased by? How much notice does the Landlord have to provide the Tenant before they increase the rent? Rent increases A Landlord may only increase your rent once per year in an amount established by the Residential Tenancy Office each year. For 2016 the allowable increase is 2.9%. This means if your rent is $1000, it can only be increased to $1029 – not a huge amount. If you…

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