NOTICE ALLOWABLE PERCENTAGE RESIDENTIAL RENT INCREASE FOR 2000 In accordance with the Rental of Residential Property Act, the Island Regulatory and Appeals Commission has determined that the allowable percentage increase for residential rent during 2000 shall be one and one half (1 1/2) percent. Lessors who believe their special circumstances justify a rent increase above the allowable percentage may apply to the Director of Residential Rental Property pursuant to Section 23 of the Act. Forms related to rent increases above the allowable percentage and general information regarding the Rental of Residential Property Act are available from the office of the Director, at any of the Regional Services Centres or at the Commission's website at www.irac.pe.ca. DATED at Charlottetown, this 20th day of September 1999. Posted: 99/09/22 |
