AGM Save The Date, Nominations, Check Math
AGM Date
The High Park Tenants' Association will be holding our Annual General meeting virtually during the event of July 15th. There will be a phone dial-in option to ensure that everyone can participate. More details coming soon!
Call for Nominations: Board of Directors
Want to help protect tenants' rights and keep rents in the neighbourhood reasonable? The HPTA is seeking volunteers to join our board and help achieve our mission. Term will begin at our AGM in July.
Email seamus@hpta.ca or fill out the form on our website to express your interest or ask questions.
Rent Increases: Check the Math
This is a reminder to check the math used by management companies when you receive your notice of rent increase. Some of the recent notices sent by Minto have been found to calculate the increase incorrectly. The guideline rent increase for 2020 is 2.2%
Example Calculation
If your rent in 2019 was $2,000 and you receive a notice for the guideline increase, then your rent starting in your renewal period in 2020 would be $2,044.00.
To get this amount for yourself, take your final 2019 rent amount and multiply it by 1.022.
i.e. $2,000 x 1.022 = $2,044.00