Document background
The Letter of Intent to Raise Rent is a critical document in Canadian property management, used when a landlord or property manager intends to increase the rent for an existing tenant. This document must be issued within specific timeframes mandated by provincial legislation, typically requiring 90 days to 12 months' notice depending on the jurisdiction. The letter must comply with provincial rent control regulations, which often cap the maximum annual increase percentage. It serves multiple purposes: providing legally required notice, maintaining clear communication with tenants, and documenting the proposed changes for legal and administrative purposes. The document should include all essential information about the current rent, proposed increase, effective date, and any relevant justifications for the increase. In some provinces, specific forms or templates must be used to ensure compliance with local regulations.
