InterRent REIT v Tenants
Landlord wins · Ottawa · 2021-08-10
- Adjudicator
- Robert Patchett
- Dispute
- Rent Increase Above Guideline
- Landlord
- I.R.
- Tenant
- A.A.B., B.J., B.D., B.J., C.D., D.R., D.S., D.D., G.J., G.B., G.A., H.B., K.O., L.B., M.A., M.G., M.R., M.M., N.T., O.I., P.G., S.L., S.P., S.C., S.K., T.K., T.A., T.N., W.J., W.C., W.L., W.R., W.S.
What happened
Landlord applied for an order to increase the rent charged by more than the guideline due to capital expenditures. No submissions were received from the Tenants.
The ruling
The Landlord may increase the rents charged by 2.76% for the units set out in Schedule 1. The percentage increase may be taken in addition to the annual guideline in effect on the increase date for the unit. If the Tenant's rent is increased pursuant to the percentage increase ordered for capital expenditures and the same Tenant remains in the unit after the expiration of the weighted useful life for capital expenditures, then the rent will be reduced.