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How you can increase the rent agree a rent increase with your tenants and produce a written record of the agreement that you both sign. complete Form 4: Landlord's notice proposing a new rent, giving your tenant at least a month's notice.
The 2023 rent increase limit is 2%. Find out if the Residential Tenancy Act covers your tenancy.
Your landlord must give you a minimum of one month's notice (if you pay rent weekly or monthly). If you have a yearly tenancy, they must give you 6 months' notice.