This is someone appointed by the Rent Assessment Board with the jurisdiction to assess rental premises, set up legal actions (for illegal rent increases above 7 1/2%, excess rent and arrears of rent), inspect premises, resolve disputes between landlord and tenant, and grant rent increases about 7 1/2%.
Real Estate Term Rent Assessment Officer
- Published Jul 23, 2020
- 715
This definition has been provided for general information purposes only and does not constitute legal, investment or other professional advice. You should seek the advice of a financial or real estate professional before making any type of investment.