Form L5 – Application for a Rent Increase Above the Guideline Order
The document is an application form (FORM L5) for landlords to request a rent increase above the guideline set by the Landlord and Tenant Board (LTB). It outlines the process for applying, including completing and filing the form with the LTB, providing evidence of costs, and paying the application fee.
It outlines steps for completing the application, including providing general information, reasons for the increase, and necessary documentation. The form requires details about the landlord, the residential complex, and the tenants, as well as specific reasons for the rent increase, such as extraordinary municipal tax increases, operating costs, or capital expenditure work.
Additionally, it contains sections on outstanding elevator work, signature, and payment information, alongside instructions for requesting French-language services or accommodation under the Ontario Human Rights Code.
Disclaimer: This guide is provided for informational purposes only and is not intended as legal advice. You should consult the Residential Tenancies Act or a legal professional.