Hi, we are looking for a place to rent and want to know what the maximum term we could sign up for a lease. Could we sign a lease for 2 years with a condition of no rent increases? Thanks
The maximum lease term under the standard residential tenancy agreements are 3 years.Rent increase conditions are not necessary if the landlord agrees to sign with you a straight fixed term tenancy of any duration up to 3 years.If they don't agree and want rent increases or rent reviews done within the 2 year period they have to insert them into the lease as a condition of the lease terms.
Hope that makes sense to you.