13.07.2015 Views

L5 Instructions - Landlord Tenant Board

L5 Instructions - Landlord Tenant Board

L5 Instructions - Landlord Tenant Board

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The landlord therefore completes the Table as follows:Operating CostCategoriesColumn 1Units that areaffected by the costcategory and arecovered by thisapplication (list unitnumbers)Column 2Total rentcharged for unitslisted in Column 1Column 3Total rent chargedfor all rental unitsin the complexaffected by theoperating costUtilities - Heat Units 1 and 2 $1600 per month $3320 per month- Electricity Units 1, 2, 3 and 4 $3200 per month $4920 per month- Water Units 1, 2, 3 and 4 $ 3200 per month $4920 per monthSCHEDULE 2 DETAILS OF CAPITAL EXPENDITURESIf you are applying for Reason 4, you must fill out this schedule.A. Description and CostsIf you are applying for a rent increase above the guideline because you incurredcapital expenditures, you must fill out this Schedule completely.You must attach evidence of costs and payment for all the costs you are applyingfor. Evidence of costs and payment could include invoices, receipts, cancelledcheques or a letter from the contractor or supplier confirming the costs and thatpayment was received. You must also attach a “Capital Expenditures: AdditionalDetails” form for each capital expenditure item you are claiming.Complete the Description and Costs table:• Item #: Assign an item number to each capital expenditure item that youare claiming.• Description of Capital Expenditures: Provide a description of the workcompleted.• Date Completed: Fill in the date the item was completed.• Useful Life: Fill in the “useful life” for each capital expenditure item thatyou are claiming.The useful life is the estimated number of years that the capitalexpenditure is expected to last or benefit the complex. A list of capitalexpenditure items and the useful life for each item is set out in a Scheduleattached to the regulations made under the Residential Tenancies Act,2006 (O.Reg. 516/06).Application for a Rent Increase Above the Guideline - Form <strong>L5</strong>9

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