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Posts Tagged ‘2010 Rent Increase Guideline’

 By D. Wallace, Guest Contributor

With the HST set to take effect in July 2010, there are several crucial questions all tenants in Ontario should be asking:  a) Do tenants know what impact the harmonized sales tax (HST) will have on their rent?  b) Will HST be added if hydro is included in their monthly rent?  c) How are landlords going to be reimbursed for a list of extra costs and, d) Do tenants know what costs are on this list? In apartments, this list includes utilities such as gas heat, electricity, hydro, and other costs related to maintenance (more…)

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The Annual Rent Increase Guideline and the Above Guideline Increase for 2010 have been announced. Much to no one’s surprise both rent increase guidelines are greater than those of 2009. The Annual Rent Increase Guideline has been raised from 1.8% to 2.1% and applies to a rent increase that begins any time between January 1, 2010 and December 31, 2010. This annual increase is intended to cover the (more…)

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