Rent increases

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The landlord may increase the rent under the following circumstances:

  • where there is a fixed term agreement, the rent cannot be increased during the term, unless the agreement specifically provides for an increase. If the agreement provides for an increase, the rent can be increased after giving at least sixty days written notice, specifying the amount of the increase and the date on which the increase is to commence. The date fixed for an increase must be at least six months after the commencement of the agreement or, at least six months since the last increase in rent;
  • where there is a periodic agreement, the rent can be increased after giving at least sixty days written notice, specifying the amount of the increase and the date on which the increase is to commence. The date fixed for an increase must be at least six months after the commencement of the agreement or, at least six months since the last increase in rent;
  • with an offer of extension or new agreement, provided the rent was not increased in the last six months; Where specific rent increases are set out in the lease agreement and the dates on which the increases will occur are clearly defined, 60 days written notice is not required.