This is a notice provided by the Landlord to Tenant explaining that once the lease term has expired. Tenant has the option of vacating the premises or remaining on the premises provided that they abide by the posted rent increase.
Increase Rent Re Form Bc
State:
Virginia
Control #:
VA-1054LT
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Virginia Letter From Landlord To Tenant About Intent To Increase Rent And Effective Date Of Rental Increase?
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FAQ
Notice of rent increase Give the tenant no less than three full months before the notice takes effect. For example: If rent is due on the fifteenth of each month, notice must be given before October 14, 2023 and the first increased rent payment will be due January 15, 2024.
A landlord must give a tenant at least 3 whole months' notice, in writing, of a rent increase. For example, if the rent is due on the first day of the month and the tenant is given notice any time in January, even January 1st, there must be 3 whole months before the rent increase begins.
Use the correct form: Notice of Rent Increase for Residential Units Form RTB-7 (PDF, 635KB) Notice of Standard Rent Increase ? Manufactured Home Site Form RTB-45 (PDF, 270KB)
Use form #RTB42-T (tenants) or #RTB42-L (landlord) if you would like to add a related claim or alter an existing claim.
Landlords in British Columbia will be allowed to raise rents up to 3.5 per cent in 2024, the province announced Monday. The increase is below the current rate of inflation, and it is also more than the allowable increase for 2023, which was two per cent.