Friday, December 17, 2010

Rent Control Act

The rental of the Act applies to residential real estate in Nova Scotia, Canada. It founds rent review Commission increases the unauthorised exceeding a specified annual percentage increase in qualified to make the rent. Commission rent control panel contains at least four people, which the Governor in Council. Also determines the length of your order, by the Governor in Council.Rent IncreasesLandlords may not, rent for the increase in each calendar year beginning of January and end December 31 specified percentage increase. Before such an increase rent can be performed, the owner must provide tenants with notice.ExceptionThe three months rent control can at times, approved rent increases the specified percentage increase. The Commission considers such factors as increases in rent after 31 December 1975, the owner of the return on investment and if the landlord by increasing financial not rent the increase in the specified percentage losses entered into force.

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