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This Change of Rent Notice can be used by a landlord to inform tenants in a rental property that their rental payments will be increasing or decreasing. By using this document, the change in rent is documented in writing, preventing misunderstandings, miscommunication, and future disputes over the rent amount due.
How to use this document?
This notice allows the landlord to explain the specifics of rent collection, including the original rent amount, the new rent amount, and the frequency with which the tenant is required to pay rent. The landlord can also make a note of the total amount that the rent payment will be increasing or decreasing and when the tenant is required to start paying the new rent amount. Finally, the landlord can provide contact information to the tenant in case the tenant has any questions or concerns about the new rent amount.
Once the notice is completed, the landlord should send a copy to all tenants on the lease via registered mail. By sending a letter through registered mail, the landlord will have a record of when and where the notice was received by the tenants. This information could be relevant in case of future dispute or litigation. The landlord should retain a copy of the notice for their own records.
Similar to General Lease Agreements, rent increases are subject to the laws of each province or territory relating to residential tenancies.
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