Lots of equipment

[G1GY]

Originally Posted by reeferaddict

Hmm... before you go panicking... 35% sounds illegal to me... from my landlord days it was capped at 10% annually - and I doubt it's changed that drastically. DO let me know if I'm wrong though...

The law does not limit the amount by which the rent can be increased, but the law does say when and how often an increase can take place.

[cag]

Acording to the Landlord Tenant people, the amount of the increase is completely open (no cap whatsoever) They are usually required to give you three months notice of an increase, and can not increase closer than 6 months apart. However a loophole allows them to increase as much as they want without ANY NOTICE on the first day of an annual lease. Apparently each new annual lease is considered a new contract that has no relationship to the previous lease, and is therefore not bound by the rules that apply "during" the term of the lease.

Bottom line, the landlord can screw you over with out notice once a year if you are on a one yearly lease.

[Bartman]

This is all off topic a little but.....I'm pretty sure BC has a 2 or 3 percent rent increase cap now. Don't know about Alta.

[midgetwaiter]

Unless you've found a place already you might want to think twice about moving. I was planning on leaving Calgary this fall but that changed so I considered finding a bit bigger place here and rents everywhere are totaly out of hand. I stinks that your landlord did that but you might not find a much better deal.

[cag]

So, does anyone know anyone who might need a tank ??

[cag]

Any offers out there?

[cag]

Still two tanks left? Beautiful Africans, Breeding groups of Electric Yellows, Demasani, and Coral Red Saloci. Updated the top of post.