TWO MINUTE QUIZ: RENT INCREASES

HOW MUCH DO YOU KNOW?

How much do you know about rent increases? Take the following quiz to find out!

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* 1. True or False – In Alberta, there are different rules regarding rent increase notices depending on the type of lease (periodic or fixed term)

True

False

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* 2. In Alberta, what is the limit on how much a landlord can increase the rent?

Limit of 10% increase

Limit of 20% increase

Limit of 50% increase

No limit

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* 3. In Alberta, how often can a landlord increase the rent?

Every 3 months

A year from start of lease or from last increase

Every 6 months

Every month

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* 4. For monthly periodic tenancies (month-to-month) how much notice must the landlord give before a rent increase is enforceable?

No notice is required

At least 3 tenancy months notice

One month notice

At least 3 weeks notice

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* 5. True or false – The landlord cannot increase the rent midway through a fixed term lease agreement. (A fixed term tenancy is a tenancy that has an end date)

True

False