Rent increase

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    Rent increase

    Quick question,

    In a 12 month renewal tenancy can the rent start at one amount and then be set to another higher amount a few months in?
    The reason is that the during the renewal period a year will have passed since the last rent increase .
    Thanks

    #2
    Yes, you can have multiple rents as long as the terms are clearly outlined in the tenancy agreement. There is no minimum gap between rent increases (12 months?) except for between two section 13 increases where the minimum is 52 weeks.

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      #3
      Originally posted by Snorkerz View Post
      Yes, you can have multiple rents as long as the terms are clearly outlined in the tenancy agreement. There is no minimum gap between rent increases (12 months?) except for between two section 13 increases where the minimum is 52 weeks.
      Thanks snorkerz

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