Evictly

D D v K. L. C. O. S. I. L.

Landlord wins

Dispute
Capital Expenditures
Landlord
K.L.C.O.S.I.L.
Tenant
T.
Landlord rep
H. W.
Tenant rep
T. S.

What happened

Landlord applied for an order permitting the rent charged to be increased by more than the guideline for one or more of the rental units in the residential complex due to capital expenditures incurred.

The ruling

The Landlord is entitled to an above guideline increase of 9.0% to be taken over three years for the capital expenditures. The weighted useful life for the capital expenditures is 12 years.