Document background
A Rental Rent Increase Notice is a crucial document in Canadian residential tenancy relationships, required whenever a landlord wishes to increase the rent for an existing tenant. This document must be used in accordance with provincial regulations, which typically specify minimum notice periods (usually 90 days in most provinces) and maximum allowable annual increases. The notice must be provided in writing and include specific details such as the current rent, proposed increase amount, percentage increase, and effective date. It's essential for property managers and landlords to ensure their Rent Increase Notice complies with local residential tenancy laws, as non-compliance can invalidate the increase. The document serves as an official modification to the existing rental agreement and must be preserved for record-keeping purposes.
