521
edits
Line 8: | Line 8: | ||
Landlords can raise rents by a set amount each year and can apply to the [[Residential Tenancy Branch]] for rent increases | Landlords can raise rents by a set amount each year and can apply to the [[Residential Tenancy Branch]] for rent increases | ||
above that amount. The percentage for allowable rent increases is the consumer price index (based on the annual rate of inflation) plus two percent. | above that amount. The percentage for allowable rent increases is the consumer price index (based on the annual rate of inflation) plus two percent. | ||
edits