Talk:Rent Increases (LTB)

WARNING - THIS PAGE CONTAINS PERSONAL OPINIONS AND IS NOT AUTHORITATIVE LAW UNLESS SPECIFICALLY CITED

Summary

Normally when a tenant rents a rental unit the landlord is entitled to raise the rent once every 12 months according to the statutory guideline amount. This paper however fills in the gaps with respect to what happens when a rental property is exempt from section 119 of the Act, specifically the rules relating to rent increases.

Exemption Framework

Section 6.1(2), and (3) of the Act allows for landlords offering newly built property, meaning no person has occupied any part of the building prior to November 15, 2018, to be exempt from section 119 of the Act. In practical terms I have heard it suggested that once an initial lease term is up the landlord is permitted to raise the rent any amount they wish. The following perspective will argue why that belief is not only false but could end up costing landlords.