Annual Rent Increase for 2010 Announced

Annual Rent Increase for 2010 Announced

Postby CLS » Mon Jun 22, 2009 1:40 pm

The Ontario Ministry of Municipal Affairs and Housing has announced that the 2010 rent increase will be 2.1%. The rent increase guideline is the maximum amount by which a landlord can increase the rent of an existing tenant without seeking the approval of the Landlord and Tenant Board.

The 2010 guideline applies to rent increases that occur between January 1 and December 31, 2010.

The rent increase guideline applies to most private residential units covered by the Residential Tenancies Act. The guideline does not apply to: vacant residential units; residential units first occupied on or after November 1, 1991; social housing units; nursing homes; or commercial property.


Kathryn M. Bullon
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Re: Annual Rent Increase for 2010 Announced

Postby la-billawrence » Wed Mar 03, 2010 10:26 am

Hi,
I'm curious as to how the HST will affect residential renters. I have read to gov websites which say two opposing things.

Bill
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Re: Annual Rent Increase for 2010 Announced

Postby CLS » Wed Mar 10, 2010 1:54 pm

There is no simple answer to Bill's question. Technically, the new HST does not apply to residential rent. However, it will apply to items that may be components in residential rent, such as utilities. How landlords (and the law) are going to handle those tax increases remains to be seen. There is a reasonably informative discussion of the issues here:http://eastyorktenantsgroup.com/2010/02/27/are-residential-rents-exempt-from-hst/. Clearly, this is just one of the many uncertain byproducts of the adoption of HST.

Kathryn M. Bullon
Associate Legal Education Coordinator
Community Law School
Kathryn M. Bullon, B.Sc., J.D., M.Ad.Ed.
Legal Education Co-Coordinator
Community Law School
CLS
Site Admin
 
Posts: 271
Joined: Fri Jan 25, 2008 5:20 pm


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