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Summarized by RentZenLast updated: July 22, 2024
Decision in favor of
landlord
Balance Owed
-
Agree with the ruling?
Application Date
May 2022
Hearing Date
Mar 2023
Order Date
Mar 15, 2023
Landlord applied for an order permitting the rent charged to be increased by more than the guideline for one or more of the rental units in the residential complex.
The Landlord must lead evidence to establish that each of the capital expenditures claimed meets the definition of 'capital expenditure' as set out in s. 18(1) of the regulation. In addition to meeting the definition of capital expenditure, each of the Landlord's claimed items must be an 'eligible' capital expenditure. Pursuant to s. 26(2) of the regulation a rent increase shall not be ordered in respect of a capital expenditure unless the work was completed during the 18-month period ending 90 days before the effective date of the first intended rent increase referred to in the application. If the expenditure meets the requirements set out above, then the Board must establish the useful life of the work done in order to calculate the allowable increase.
The Landlord may increase the rents charged by the percentage increases and within the time periods set out in Schedule 3. The percentage increase set out in Schedule 3 may be taken in addition to the annual guideline in effect on the increase date for the unit.
LTB Member
502
90.2%
4.8%
5.0%
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