Here’s a simplified step-by-step guide to using Form N10 Form Agreement to Increase Rent Above the Guideline: 

1. Section 1: What is N10 form AGREEMENT TO INCREASE THE RENT ABOVE THE GUIDELINE?  

• The N10 form is utilized when a landlord and tenant mutually decide to raise the rent beyond the prescribed guideline. 

2. When to Use This Notice: 

• If landlord and tenant agree to increase rent above the guideline due to capital work or new services. 

• Rent can be increased if 12 months have passed since the last increase or since the tenant moved in. 

• The rent increase date must be at least six days after the agreement is signed. 

• If signed, it replaces Notice of Rent Increase. 

• Tenants can cancel within five days of signing. 

3. Section 2: Completing the Notice: 

• Tenant’s Name and Address: Fill in tenant’s name and address, including mailing address if different. 

• Landlord’s Name and Address: Fill in landlord’s name and address, including all landlords if applicable. 

• Address of Rental Unit: Provide complete address of rental unit. 

• New Rent: Fill in date of rent increase, total amount of new rent, and frequency of payment. 

• Rent increase cannot exceed guideline increase plus 3%. 

4. Section 3: Details of the Work or New or Additional Service: 

• Describe the capital work or new service in detail. 

• Include descriptions, items purchased, installation details, and completion dates. 

5. Section 4: Signatures: 

• Both landlord and tenant print and sign their names. 

• Include phone numbers and date of signing. 

6. Section 5: Questions and Assistance: 

• Visit LTB website or call Customer Service for assistance. 

• Customer Service available Monday to Friday, 8:30 a.m. to 5:00 p.m. (except holidays). 

• Automated information available 24/7.