Last week we wrote about the Alberta government’s plan to potentially put a cap on the amount that a landlord can raise rent on their tenants. But are you aware of the rules for rent increases in Alberta?
First of all, it is important to recognize that in Alberta, there is no limit on how much a landlord can increase the rent. With that being said, a landlord can only raise the amount after a year has passed from either the start of the tenancy, or when the last increase was made.
However, it is equally important to know that there is no limit on how much a landlord can increase rent in Alberta. The decision of how much to raise the monthly cost of a particular unit is ultimately up to the landlord just like it is up to the tenant to decide if they want to live there. When making this choice the landlord is likely to be taking into account the unit condition, how much the market can bare, and the current rental rates in the area of the property.
Rules for Rent Increases in Alberta (Source: landlordandtenant.org).
- If a tenant has a periodic tenancy (which has no end date), the landlord must give the tenant a signed written notice of a rent increase.
- For monthly periodic tenancies (where the tenancy goes month-to-month), the landlord must give the tenant at least 3 tenancy months notice of the rent increase.
- For weekly periodic tenancies (where the tenancy goes week-to-week), the landlord must give the tenant at least 12 tenancy weeks notices of the rent increase.
- For any other length of periodic tenancy, the landlord must give at least 90 days notice.
- If a tenant has a fixed term tenancy (which has an end date), there is no requirement for the landlord to give written notice of a rent increase.
- A landlord can only increase the rent if one year (365 days) has passed since the tenant moved in or since the last rent increase.
- The landlord cannot increase the rent midway through a fixed term lease agreement; the landlord has to wait until the fixed-term agreement is over.
Thank you for taking the time to read our blog. How do you feel about the current rental increase rules in Alberta? Are they fair or does there need to be a cap put in place? Let us know your thoughts.