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Ontario|Landlord & Tenant
Commercial Landlords & Tenants
448 Increases in rent Although there is no specific Act regulating commercial tenancies, the law of contracts normally applies. Generally, a landlord and tenant will negotiate the amount of rent and any rent increases, and include the details in the lease. If a landlord wants to raise the rent more than the lease allows, they will have to wait until the lease expires. To protect a tenant from a steep rent increase or eviction, many leases give the tenant the right to renew the lease for a pre-set amount of rent. For advice about commercial rent increases, you should consult a lawyer.