Landlord Tenant Act For Business
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FAQ
The short answer to this is yes, but there are some stipulations. The property must remain residential first and foremost, which often means no more than 40% of it should be used for commercial purposes.
Rent increases cannot exceed 5% plus the percentage of annual increase in the cost of living adjustment promulgated by the U.S. Department of Labor, Bureau of Labor Statistics. The total increase is capped at 10% annually, and only one increase is allowed in any 12 month period.
Yes, tenants can usually legally operate a business from a rental property.
The simple answer is that at present, Alberta does not have a Commercial Tenancy Act.
Is it even legal? A tenant can run a business from a residential property, however, it's important to know that as a landlord, you are within your rights to refuse permission. Though there are some stipulations, a tenant is legally allowed to run a business from a rented property with your permission in writing.
