Form N1 – Notice of Rent Increase in Ontario
The form is a Notice of Rent Increase (N1), designed for landlords to inform tenants of an upcoming rent adjustment officially. It specifies the new rent amount, the effective date, and both landlord and tenant addresses, details of the rental unit, and the legal justification for the increase.
The form also guides users through the process, offering options for how the rent increase complies with or exceeds legal guidelines, and outlines the legal requirements for notice periods and tenant rights under the Residential Tenancies Act 2006.
To fill out the N1 Notice of Rent Increase form, start by reading the instructions carefully. Provide the tenant’s name and address in the designated area at the top. Follow by entering the landlord’s name and address. Specify the address of the rental unit.
Then, state the new rent amount, the date when the rent increase will take effect, and the frequency (month, week, or other). Explain the rent increase, detailing the amount or percentage of the increase, and indicate whether it complies with or exceeds the guideline set by the Residential Tenancies Act 2006.
Choose the appropriate option that applies to the rent increase—either within the guideline or exceeding it and requiring approval. Finally, sign the form, providing the name and contact details of the person signing on behalf of the landlord or the landlord themselves.