Municipal Tax Increase by Extraordinary Amount (LTB): Difference between revisions
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==Residential Tenancies Act, 2006, S.O. 2006, c. 17<ref name="RTA"/>== | ==Residential Tenancies Act, 2006, S.O. 2006, c. 17<ref name="RTA"/>== | ||
126 (1) A landlord may apply to the Board for an order permitting the rent charged to be increased by more than the guideline for any or all of the rental units in a residential complex in any or all of the following cases: | |||
::1. An extraordinary increase in the cost for municipal taxes and charges for the residential complex or any building in which the rental units are located. | |||
::2. Eligible capital expenditures incurred respecting the residential complex or one or more of the rental units in it. | |||
::3. Operating costs related to security services provided in respect of the residential complex or any building in which the rental units are located by persons not employed by the landlord. 2006, c. 17, s. 126 (1); 2017, c. 13, s. 22 (1). | |||
<b>Interpretation</b> | |||
:(2) In this section, | |||
::“extraordinary increase” means extraordinary increase as defined by or determined in accordance with the regulations. 2006, c. 17, s. 126 (2). | |||
Revision as of 18:34, 23 May 2023
| Caselaw.Ninja, Riverview Group Publishing 2021 © | |
|---|---|
| Date Retrieved: | 2024-11-23 |
| CLNP Page ID: | 2213 |
| Page Categories: | [AGI Applications] |
| Citation: | Municipal Tax Increase by Extraordinary Amount (LTB), CLNP 2213, <https://rvt.link/5->, retrieved on 2024-11-23 |
| Editor: | Sharvey |
| Last Updated: | 2023/05/23 |
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Residential Tenancies Act, 2006, S.O. 2006, c. 17[1]
126 (1) A landlord may apply to the Board for an order permitting the rent charged to be increased by more than the guideline for any or all of the rental units in a residential complex in any or all of the following cases:
- 1. An extraordinary increase in the cost for municipal taxes and charges for the residential complex or any building in which the rental units are located.
- 2. Eligible capital expenditures incurred respecting the residential complex or one or more of the rental units in it.
- 3. Operating costs related to security services provided in respect of the residential complex or any building in which the rental units are located by persons not employed by the landlord. 2006, c. 17, s. 126 (1); 2017, c. 13, s. 22 (1).
Interpretation
- (2) In this section,
- “extraordinary increase” means extraordinary increase as defined by or determined in accordance with the regulations. 2006, c. 17, s. 126 (2).
References
- ↑ 1.0 1.1 Residential Tenancies Act, 2006, S.O. 2006, c. 17, <https://www.ontario.ca/laws/statute/06r17>, retrieved 2023-05-23
