Rent Reductions. 8. The landlord and the tenant agree that the rent abates if the residential premises:
Rent Reductions. The landlord must reduce the rent if: the municipal property tax goes down by more than 2.49 per cent, or the rent was increased above the guideline to pay for repairs or renovations and the costs have been fully paid for (this only applies to tenants who were living in the unit when the above guideline rent increase happened). The tenant can apply to the Landlord and Tenant Board to reduce their rent if: municipal property taxes or charges on the rental property go down, the landlord reduced or removed a service without reducing the rent, or the landlord did not keep a promise they made in an agreement for a rent increase above the guideline.
Rent Reductions. The landlord must reduce the rent if: • the municipal property tax goes down by more than 2.49 per cent, or • the rent was increased above the guideline to pay for repairs or renovations and the costs have been fully paid for (this only applies to tenants who were living in the unit when the above guideline rent increase happened). The tenant can apply to the Landlord and Tenant Board to reduce their rent if: • municipal property taxes or charges on the rental property go down, • the landlord reduced or removed a service without reducing the rent, or The landlord can only collect a deposit for the last month’s rent and a refundable key deposit. The tenant does not have to • the landlord did not keep a promise they made in an agreement for a rent increase above the guideline.
Rent Reductions. Rents for single Lesses with no dependents will be reduced by ten percent (10 %). For Xxxxxxx who have elected to occupy the leased premises during the months of June and July, the monthly rent will be reduced for those months by twenty-five percent (25 %) if electricity is not provided by the District (Where applicable), and by twenty- five percent (25 %) if water and sewer is not provided by the District (where applicable), to a maxium monthly reduction of fifty percent (50 %).
Rent Reductions. (Section 14(s) The Regulatory Agreement shall reflect rent reduction for existing Project qualifying tenants: 18% reduction from current rents for low-income households; 12% reduction from current rents for median income households; and 10% reduction from current rents for moderate- income households.
Rent Reductions. Statutory rent reduction regulations apply. The possibility of a rent reduction is ruled out if, through circumstances not attributable to the Landlord (e.g. road diversions, roadblocks, excavations etc.) affects commercial use of the rented areas.
