New owners took over the building I live in, they've informed me that rent is going up by quite a bit. I understand that after the flood last year everything is more expensive and I've been paying reasonable rent for years.
Did some quick research, seems straightforward to me, as a landlord you can increase rent once a year and must give 3 months notice in writing before the increase comes into effect.
The property manager just sent me an email saying, nope that's not the case, we can increase rent once a year and do not need to give 3 months notice.
Is this info on the following website out of date? Do these guidelines just not get recognized or followed by landlords?
http://www.cmhc-schl.gc.ca/en/co/reh...h/fash_001.cfm
Rent Increases: Notice and Timing
There are no controls on the amount of rent increases in Alberta. Rent can only be increased if there has not been a rent increase within the previous 365 days or since the start of the tenancy, whichever is later. Before the rent can be increased the landlord must give written notice in advance. The specific timeframe is dependent on the term of the tenancy:
- weekly: 12 full tenancy weeks
- monthly: 3 full tenancy months
- any other periodic tenancy: 90 days
A notice of increase in rent must indicate the date on which the increase is to be effective and must be dated and signed by the landlord.