Charlottetown, Prince Edward Island, August
22, 2016 - The Director of Rental of Residential Property invites
written submissions from Landlords, Tenants, interested Groups and the
public to assist in establishing the annual allowable percentage rent
increase to take effect January 1, 2017. Each year the Island Regulatory and Appeals
Commission sets the allowable annual percentage rent increase. Input from
Landlords, Tenants and the public is a very important component to the
information that the Commission relies upon to set the annual percentage
increase in rent. Last year the Commission did
not allow any increase rent for the calendar year 2016. In setting the
increase at zero, the Commission noted only two Landlords and four other
submissions from the public were received. Further information and previous
allowable annual increases is available at
www.irac.pe.ca/rental . Islanders are now invited to provide their input.
Written Submissions are requested to be provided by Wednesday, August 31,
2016 delivered, mailed or sent by email to: Director of Residential Rental Property Media Contact: Cathy Flanagan, Director Posted: 2016/08/22 |