As a landlord in BC, it’s essential to understand the rules around rent increases to ensure you’re fully compliant with the Residential Tenancy Act (RTA).

What Does BC Law Say About Rent Increases?
Under the BC Residential Tenancy Act, landlords can only increase rent once every 12 months. The amount you can raise rent is limited and tied to the province’s annual guideline, which is based on the Consumer Price Index (CPI).

Key Rules to Keep in Mind:
● Notice Period: You must provide tenants with at least 3 full months’ written notice before the rent increase takes effect.
● Proper Form: Use the official ; Notice of Rent Increase; form, which must include details such as the new rent amount, the effective date, and the landlord’s signature.
● Timing: Rent increases can only be applied once every 12 months from the date of the last increase.
● Exceptions: Some rental agreements may be exempt, including certain social housing or subsidized programs, make sure to always verify specific conditions.

Have questions about rent increase rules and regulations? Contact us anytime at info@brixpm.ca