RSS

Rent increase limit for 2024

Posted on September 11, 2023 by Roman Krzaczek

Rent increase limit for 2024

When issuing a new notice of rent increase, a landlord must:

Use the approved notice of rent increase form
Use up to the maximum amount for 2024: 3.5%
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

Comments:

No comments

Post Your Comment:

Roman Krzaczek

QuadraRealty- Quadra Island Real Estate

Roman Krzaczek

Your Trusted Partner in Real Estate. Contact me at 250-285-2141 for all your property needs.

Quick Links

Buyers

Sellers

Featured Listings

Search

Contact Me

Office: 250-285-2141
Cell: 604-787-4594
krzaczek@kw.com

Head Office
135 A Joyce Road
Quathiaski Cove, BC, V0P 1N0

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.