When this phase can be used
This sheet supplies the Phase 2 calculation after a landlord has obtained an eligible-capital-expenditure increase decision and implemented Phase 1. It must be served with the RTB-53-P2 notice, and the original RTB decision must accompany the package.
How to complete and verify the details
Use the current rent and applicable annual allowable increase to determine the current-year base. Check the 3% maximum additional amount and subtract the maximum amount permitted in Phase 1 from the eligible total, as specified on the official worksheet. Do not simply subtract an arbitrary amount the landlord chose to collect in Phase 1. The Phase 2 amount is limited to the remaining eligible balance and the applicable 3% cap.
Timing, amounts and delivery
For an increase under this prescribed procedure, the landlord must give tenants at least three whole rental months' written notice, using an authorized service method and allowing for legally deemed receipt. The effective date must also respect at least 12 months since rent was established or last legally increased. The additional capital-expenditure portion is capped at 3% in a single phase and must be supported by the RTB decision and the calculation for that tenant. The accompanying RTB-53-P2 is the actual notice; serve the forms together.
Common mistakes
Assuming an RTB application is the same as approval, serving only the details schedule, miscalculating the authorized remainder, using a phase before the prior phase has been properly imposed, overlooking the three full months' notice, or treating the annual percentage allowance as the separate capital-expenditure percentage.
How this phase differs from the other RTB-53 forms
Phase 2D explains the balance carried forward into Phase 2.
Use the Phase 2 Details document only with the corresponding Phase 2 notice, RTB-53-P2. The province permits the Phase 2 Additional Rent Increase Calculator to generate the supporting details, or the official form can be completed manually.
This is not the initial RTB approval application. It provides the figures supporting a later phase after the authorized Phase 1 increase has already been imposed and an eligible amount remains.
Someone checking the notice package should be able to follow the remaining entitlement from the approval decision through the earlier phase and into the new phase. Also check the current notice rules and the dates shown on the landlord notice.
For the authoritative phase-by-phase process, see the BC government guidance on eligible capital-expenditure rent increases.