When a landlord can apply for above guideline rent increase application?
A landlord can apply for a rent increase above the guideline for any of the following reasons:
A landlord can apply for a rent increase above the guideline for any of the following reasons:
Landlords of exempt units must still use the standard lease. Nothing in a lease agreement can take away a right under the RTA.
The rent control exemption has to be included in the standard lease.
Landlords of exempt units may include an additional term under section 15 of the lease stating that the unit is exempt from the rent increase guideline because it meets the exemption set out in section 6.1 of the Residential Tenancies Act, 2006.
The standard lease uses easy-to-understand language to help: