Glossary

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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 8134   0   0   0   0   0
Service Alberta has tipsheets for landlords and tenants and mobile home sites in Alberta. Another popular resource is the Voluntary Code of Practice.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 6267   0   0   0   0   0
If someone wants to live in a condominium unit they are buying or does not want a tenant still living there, they must request in writing that the seller issue the three month termination notice to the tenant, as a condition of the sale.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 6795   0   0   0   0   0
Periodic tenants have to be given a full year’s notice to end the tenancy and rent cannot be increased during the year.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 4893   0   0   0   0   0
The landlord and tenant agree to the amount of rent when they negotiate the terms of the fixed term tenancy agreement. Rent cannot be increased unless 365 days pass since a tenant moved in or since the last rent increase, whichever is later. If the 365th day is during the current fixed term tenancy agreement, rent cannot be increased until that tenancy agreement ends.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 5492   0   0   0   0   0
At least 180 days written notice for periodic (month-to-month) tenancies.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated December 03, 2018 4669   0   0   0   0   0
At least three months’ written notice for periodic (month-to-month) tenancies.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 5593   0   0   0   0   0
The rent will increase as per the notice if the tenant continues to rent the premises and as long as there has not been an increase within the previous 365 days or the start of the tenancy, whichever is later. If the rent was increased within the past year, rent cannot be increased again until a year after that increase became effective. At least three months’ written notice must be given to a tenant to increase the rent for a periodic tenancy.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 4681   0   0   0   0   0
As of April 24, 2007, landlords can only raise rent once a year.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 7801   0   0   0   0   0
No. The legislation does not include any rental caps.
 
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Jarek Bucholc ||Street Smart RE InvestingJarek Bucholc ||Street Smart RE Investing Updated November 29, 2009 5599   0   0   0   0   1
Rent increases are limited to once per year.
 
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