S-8, r. 4 - By-law respecting the conditions for the leasing of dwellings in low-rental housing in Nunavik

Section 7 Disposition versions

2021-07-01

7. The maximum rent is adjusted on 1 July of each year as of 1 July 2022, according to the rate of change in the general Consumer Price Index for Québec, as determined by Statistics Canada under the Statistics Act (R.S.C. 1985, c. S-19), calculated on the basis of the average of the indices for the 12 months of the preceding year, increased by 2%. The adjustment may not be greater than 4%.

The amount of the rent thus increased is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.

O.C. 777-2005, s. 7; O.C. 1027-2014, s. 1; O.C. 559-2017, s. 7; O.C. 863-2021, s. 6.

2017-07-13

7. As of 1 July 2016 and up to 1 July 2019, the maximum rent corresponds to the maximum rent of the preceding year increased by 6%. It is increased by 8% per year for subsequent years.

The amount of the rent thus increased is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.

O.C. 777-2005, s. 7; O.C. 1027-2014, s. 1; O.C. 559-2017, s. 7.

2014-12-10

7. As of 1 July 2010 and each year thereafter, the maximum rent corresponds to the maximum rent of the preceding year increased by 8%.

The amount of the rent thus increased is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.

The increase of the maximum rent provided for in this section for 1 July 2014 does not apply to the maximum rent provided for the leases renewed between 1 July 2013 and 30 June 2014, if the income of the lessee, calculated in accordance with subparagraph 1 of the first paragraph of section 5, is less than $90,000 and if the lessee has filed, before 20 February 2015, a copy of his or her notice of assessment.

The maximum rent for the month following the month during which the lessee files a copy of his or her notice of assessment is obtained using the following formula:

A - C×(B-A)

where

(1)  “A” is the maximum rent of the lessee on 1 July 2013;

(2)  “B” is the maximum rent established pursuant to the first and second paragraphs of this section on 1 July 2013 increased in accordance with those paragraphs;

(3)  “C” is the number of months of rent already paid by the lessee since the renewal of the lease.

If the lessee files the notice of assessment after 20 February 2015, the maximum rent of the month in which the lessee files the notice of assessment is the maximum rent of the lessee on 1 July 2013. The lessor must make deductions on the rent of the following month.

For the subsequent months in the case of a lease renewed between 1 July 2013 and 30 June 2014, the maximum rent is the maximum rent of the lessee on 1 July 2013.

The third to sixth paragraphs of this section do not apply to leases renewed from 1 July 2014. At the renewal of the leases of the lessees who will have availed themselves of the non-application of the increase of their rent on 1 July 2014, the maximum rent of those lessees will be increased by 8% in accordance with the first and second paragraphs of this section.

O.C. 777-2005, s. 7; O.C. 1027-2014, s. 1.

2012-09-01

7. As of 1 July 2010 and each year thereafter, the maximum rent corresponds to the maximum rent of the preceding year increased by 8%.

The amount of the rent thus increased is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.

O.C. 777-2005, s. 7.