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2012 Residential Rent Increase BC

Quoted from BCAOMA Member Newsletter September 2011


Allowable Rent Increase for 2012


Residential tenancies:


For a conventional residential tenancy rent increase that takes effect in 2012, the allowable increase is 4.3% plus a proportional amount.


The annual allowable rent increase for conventional tenancies is determined by the formula in the Residential Tenancy Regulation.
 

 

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