Real Estate Council of Alberta Fundamentals Practice Exam

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What is the notice period for rent increases in a weekly tenancy?

  1. One month

  2. Two weeks

  3. Three months

  4. Ninety days

The correct answer is: Two weeks

In a weekly tenancy, the notice period for rent increases is two weeks. This timeframe is in line with the regulations governing rental agreements for tenancies based on a weekly basis. The two-week notice allows both landlords and tenants enough time to prepare for any changes in the rental terms while ensuring that the tenant is adequately informed of the impending increase. Understanding this notice period is crucial for both landlords and tenants to maintain clear communication and compliance with rental laws. A monthly or longer notice period is not required in this case, as the specific structure of a weekly tenancy recognizes the shorter time frame necessary for adjustments.