Form N2 – Notice of Rent Increase (Unit Partially Exempt)
The N2 form is a Notice of Rent Increase for units partially exempt from the standard regulations under the Residential Tenancies Act 2006. It is specifically for rental units where the usual rent increase guidelines do not apply, allowing landlords to raise the rent by any amount.
The form requires tenant and landlord details, the rental unit address, the new rent amount, and the effective date of the increase. It emphasizes the need for a 90-day notice period before the increase takes effect on the landlord and outlines tenant rights regarding lease renewal and termination.
To fill out the N2 Notice of Rent Increase form:
- Enter the tenant’s name and address in the designated section at the top.
- Provide the landlord’s name and address.
- Specify the address of the rental unit.
- Fill in the new rent amount and the effective date of the increase, choosing the applicable frequency (month, week, or other).
- Note that this form is used for units partially exempt from standard regulations, allowing rent increases by any amount with a 90-day notice.
- Sign the form, including the name and contact details of the landlord or landlord representative. If applicable, fill in the representative information section.