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Agreement Apartment Building Form

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oh hey there let's talk about rental increases so the rental increase guideline for 2023 is two and a half percent however there is an opportunity to increase that rent above the guideline in order to increase the rent above a guideline the landlord would need to use something called an n10 the n10 is a notice given by the landlord to the tenant when they have provided a renovation that has increased the value of the property for the tenant now both the landlord and the Tenant have to agree to this rental increase so your landlord cannot just simply do a renovation and give you a notice and increase the rent above the guideline the tenant actually has to sign off on the rental increase the rental increase can also only be three percent above the guideline

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