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Notice of Rent Increase Residential Rental Units #RTB-7 FORM DIRECTIONS: If you are accessing this agreement from the B.C. Government Web site, it can be filled out at the computer workstation. It.

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The 2023 rent increase limit is 2%. Find out if the Residential Tenancy Act covers your tenancy.

A copy of the completed Tenant's Direct Request Worksheet (form RTB-40) A copy of the forwarding address given to the landlord (form RTB-47 is recommended, but not required) or a copy of the condition inspection report with the forwarding address provided.

The landlord must serve the two-month notice so the tenant receives it: Two months before the move-out date, and. Before the day the rent is due.

BC landlords will only be able to raise rent for existing residential tenants by 2% in 2023.

But he says because the B.C. government is only allowing rent increases of up to two per cent next year, they're cashing out since they can't keep up with the rising costs of doing business.

Under AB 1482, landlords are limited to increasing rent by no more than 5% plus the local CPI (inflation rate) or 10%, whichever is lower. The local inflation rate is determined by the California Consumer Price Index (CCPI), which is released annually by the California Department of Finance.

The rent increase guideline for 2023 is 2.5%. The guideline is based on the Ontario Consumer Price Index, a measure of inflation calculated monthly by Statistics Canada that reflects economic conditions over a 12-month period (June to May). The guideline is capped at 2.5% to prevent significant rent increases.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232