Rent Control in AB

[Dakota Wood]

I have a question. My tenant is moving out at the end of the month. What percentage can I raise the rent? Or can I put it up to whatever the market will bear?

Thanks in advance
Dakota

 

[BOBST]

Dak; If you have a new tenant moving in you can charge what ever you want as long as the renter agree's! It is only after a renter moves in that rent's have to follow guideline's.

 

[Dakota Wood]

Thanks Bob

Much appreciated
Dak'

 

[reddeerguy]

Yep...as high as you can get. And depending where, the vacancy rates are at all time lows, so that will definitely drive prices up.