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 N1 Form 2015

N1 2015-2025 Form

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welcome back to tenant talk Niagara on today's episode I am going to discuss rental guideline increases also known as GIS and above guideline increases also known as agis in Ontario when it comes to rentals there are different types of rent increases and rules surrounding them the guideline increase applies to most private residential rental units governed by the residential tencies act 2006 this includes tenants residing in rented houses Apartments basement apartments Condominiums Care Homes mobile homes and land lease communities in general if you rent a private residential unit this guideline likely applies to you however some exemptions may exist so it's essential to consult the residential tencies act 2006 for specific details and to confirm eligibility the guideline is calculated based on the Ontario Consumer Price Index a tool from statistics Canada that tracks inflation and economic Trends over a 12month period specifically data from June to May of each year is

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