O.S.A.I. v Tenants

Landlord wins · 2021-08-26

Adjudicator

Kimberly Parish

Dispute

Rent Increase Above Guideline

Landlord

O.

Tenant

S.

Landlord rep

H.W.

What happened

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 due to capital expenditures for balcony repairs.

The ruling

The Landlord justified a rent increase above the guideline due to capital expenditures for balcony repairs. The maximum rent increase above the guideline is 5.08% and the weighted useful life of the capital expenditure is 12 years.