The Addendum To Lease Agreement Rent Increase is a critical document used in Canadian rental markets when property owners need to formally implement a rent increase for existing tenants. This document is required whenever a landlord wishes to increase rent in accordance with provincial regulations and must be used in conjunction with proper notice periods (typically 90 days in most provinces). The addendum specifies the new rental amount, the percentage increase, effective date, and confirms compliance with provincial rent control guidelines where applicable. It's particularly important in jurisdictions with strict rent control measures, such as Ontario, British Columbia, and Quebec, where specific rules govern the timing and percentage of allowable increases. The document serves as a legal record of the rent increase and becomes part of the original lease agreement, protecting both landlord and tenant interests.
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1. Parties: Identification of the landlord and tenant(s) as named in the original lease agreement
2. Background: Reference to the original lease agreement including its date, property address, and current rent amount
3. Definitions: Key terms used in the addendum, including references to terms defined in the original lease
4. Rent Increase Details: Specification of the new rent amount, the amount of increase, and percentage change
5. Effective Date: The date when the rent increase takes effect, confirming compliance with required notice periods
6. Confirmation of Notice: Statement confirming that proper notice has been given in accordance with applicable laws
7. Original Lease Terms: Confirmation that all other terms and conditions of the original lease remain unchanged
8. Authorization: Signatures section for all parties, including date of signing
1. Utilities and Services Adjustment: Include when the rent increase involves changes to utility payments or included services
2. Payment Instructions: Include when there are changes to how the new rent amount should be paid
3. Rent Increase Justification: Include when required by local law or when explaining extraordinary increases
4. Rent Subsidy Information: Include when the tenant receives rent subsidies that need to be adjusted
5. Renovation or Improvement Details: Include when the rent increase is related to property improvements or renovations
6. Rent Control Declaration: Include when property is subject to or exempt from rent control regulations
1. Schedule A - Rent Calculation Breakdown: Detailed calculation showing how the new rent amount was determined
2. Schedule B - Notice of Rent Increase: Copy of the formal notice of rent increase previously provided to tenant
3. Schedule C - Applicable Rent Control Guidelines: Reference to relevant rent control guidelines or regulations affecting the increase
4. Appendix 1 - Property Improvements List: If applicable, list of improvements or renovations justifying the increase
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