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Above Guideline Rent Increases / Re: Above Guideline Rent Increases
« on: May 27, 2022, 05:42:31 pm »
I feel your plight and thank you for posting the article, it was very helpful.
Similarly, we were served with an AGI application in November 2018 to the tune of 7.11% with N1's for 2019 & then 2020 for 3% each year stating we could pay the higher rent amount in order to avoid paying a lumpsum later. In 2021 we were seeved with the final N1 for 1.1% because if you've been served with an AGI application, the rent freeze of 2021 didn't apply.
So we eventually went to a hearing and was able to get the amount dropped to 6.75% from 7.11% due to a number of inconsistencies in their documents.
When the order was served we were surprised to we they want arrears over the 3 yrs and my rent went up moving forward by 6.75%. We had clarified in the hearing that the increase only applies to the 3 years and it wasn't an attempt to close the gap on market rent. I was prepared to pay my portion and lump sum but was surprised I was slammed with an ongoing amount.
Does anyone have experience in interpreting an AGI order and how it is applied after it is served?
Similarly, we were served with an AGI application in November 2018 to the tune of 7.11% with N1's for 2019 & then 2020 for 3% each year stating we could pay the higher rent amount in order to avoid paying a lumpsum later. In 2021 we were seeved with the final N1 for 1.1% because if you've been served with an AGI application, the rent freeze of 2021 didn't apply.
So we eventually went to a hearing and was able to get the amount dropped to 6.75% from 7.11% due to a number of inconsistencies in their documents.
When the order was served we were surprised to we they want arrears over the 3 yrs and my rent went up moving forward by 6.75%. We had clarified in the hearing that the increase only applies to the 3 years and it wasn't an attempt to close the gap on market rent. I was prepared to pay my portion and lump sum but was surprised I was slammed with an ongoing amount.
Does anyone have experience in interpreting an AGI order and how it is applied after it is served?