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Notice of Rent Increase N1 (Disponible en français) Read the instructions carefully before completing this form. To: (Tenant's name and address) From: (Landlord's name and address) Address of the Rental Unit: Your New Rent On dd/mm/yyyy/ /, your rent will increase to $ per month week other (specify). This rent includes the basic rent for your rental unit, plus any amount you pay separately to your landlord for services. Explanation of the Rent Increase This is a rent increase of: $ per month week other (specify) or %. Shade one of the following: This rent increase is less than or equal to the rent increase guideline and does not need approval by an order under the Residential Tenancies Act, 2006. OR This rent increase is more than the rent increase guideline, but: 1. The rent increase has been approved by an order under the Residential Tenancies Act, 2006. 2. The rent increase must be approved by an order under the Residential Tenancies Act, 2006. I have applied to the Board for a Rent Increase Above the Guideline. v. 01/04/2022 Page 1 of 2 COLIN MILLS, JULIE SIBBALD Suite #109,619 William Street, London, ON N6B 3P9 Terra Corp Management Inc. 560 Wellington St., 4th Floor, London, ON N6A3R4 Suite #109, 619 William Street, London, ON N6B 3P9 01 09 2024 1070. 56 26. 11 2. 50 ✔ ✔
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Notice of Rent Increase N1 (Disponible en français) Important Information About the Law1. The landlord must give the tenant this notice at least 90 days before the date of the rent increase. A landlord may increase the rent if at least 12 months have passed since the last rent increase or since a new tenant moved into the rental unit. No Notice of Rent Increase is required where the landlord and tenant have signed an Agreement to Increase the Rent Above the Guideline (Form N10). 2. A tenant does not have to sign a new lease when a fixed term tenancy ends. If the tenant decides not to sign a new lease, the tenant does not have to move, but the tenancy becomes "month-to-month". If a tenant plans to move, the tenant must notify the landlord on Form N9 (Tenant's Notice to End the Tenancy) at least 60 days before the lease expires if the tenant has a fixed term of tenancy or 60 days before the end of a monthly or yearly rental period. The tenant must notify the landlord on Form N9 at least 28 days before the end of a weekly rental period. 3. If the rent increase needs approval by an order under the Residential Tenancies Act, 2006 the tenant is not required to pay more than the guideline increase until the order is issued. If the tenant only pays the guideline increase, the tenant may owe the landlord once the order is issued. 4. If you have any questions about the law related to rent increases and how it applies to this notice, you can contact the Landlord and Tenant Board at 416-645-8080 or toll-free at 1-888-332-3234. Or, you may also visit the Board's website at tribunalsontario. ca/ltb for further information. Signature Landlord Representative Name of Person Signing Phone Number Signature Date (dd/mm/yyyy) Representative Information (if applicable) Name LSUC # Company Name (if applicable) Mailing Address Phone Number Municipality (City, Town, etc. ) Province Postal Code Fax Number Page 2 of 2 Ann Kovacs 519-434-1808 04/05/2024
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