SingleKey

We’ve acquired Canada’s leading tenant screening provider, Naborly! 🎉 Learn More

Download Free Rental Application
Forms

What goes into evicting a tenant
in Canada?

Free residential tenancy agreements for every Canadian province

Find out how much it costs to evict a tenant in Canada

SingleKey 2021
Rental Reports

Tips, resources and advice for landlords and property managers

Northwest Territories Rent Increase 2023

The new rent increase guidelines in the Northwest Territories have been updated for 2023. Read our key points below and learn everything landlords need to keep in mind.

What’s New For 2023

There is no limit on rent increases in the Northwest Territories for 2023. If the landlord provides a tenant with 3 months of proper written notice, they can increase the rent on a residential rental unit to market price. 

Rules For Increasing Rent

The landlord must give at least 3 months of written notice of the rent increase before it takes effect, and can only increase rent once in a 12-month period. In most cases, the rent for a residential unit can be increased 12 months after:

Rent Increase Notice Guidelines

To be effective, a rent increase notice must include:

Don’t forget, if you do not give proper notice to the tenant before attempting to increase the rent, your tenant can dispute the increase.

Resolving Issues About Rent Increase

In the case where a tenant wants to object to the landlords’ rent increase, they would have to file for a hearing from the Residential Tenancies Office.

Get Your Rent Without The Stress

Set up automatic payments today with our Rent Collection tool.

Click for the BBB Business Review of this Screening - Tenant in Toronto ON
Join Our Newsletter
Contact
The SingleKey Rent Guarantee coverage is provided by Lloyds Lloyds Crest Lloyds, rated A+ by A.M. Best. Coverage is offered in the form of a surety performance bond. SingleKey is a participating member of Protected Cell Captive insurance company that is one hundred percent reinsured within the Lloyd’s Market rated A+ by A.M. Best. 

© All rights reserved SingleKey 2022.