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Updated almost 4 years ago on . Most recent reply

Wendell Fong's profile image
Wendell Fong's profile image
Wendell Fong
  • Investor
  • from Vancouver BC
  • Member since May 20, 2020
  • Posts 88
  • Votes 60
  • Experience 16 Yrs
  • Investments 1

User Stats

88
Posts
60
Votes
Wendell Fong's profile image
Wendell Fong's profile image
Wendell Fong
  • Investor
  • from Vancouver BC
  • Member since May 20, 2020
  • Posts 88
  • Votes 60
  • Experience 16 Yrs
  • Investments 1
Wendell Fong
  • Investor
  • Vancouver BC
60
Votes |
88
Posts
General Landlording & Rental Properties

PEI Rent Increase is Fixed even after tenant leaves?!?

Wendell Fong
  • Investor
  • Vancouver BC
Posted

I read an astounding article today regarding rent increases in Prince Edward Island.

https://ca.yahoo.com/news/forged-lease-document-leads-house-204956798.html

Essentially if a tenant leaves a unit and you rent to a new tenant.. you can only increase the rent by the % set by the province.   Can someone that owns RE in PEI confirm this?

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