When this phase can be used
This is the Phase 3 details schedule used only after the landlord has obtained an approved capital-expenditure increase and has implemented Phase 2. Serve it together with RTB-53-P3 and the original RTB approval decision.
How to complete and verify the details
The official Phase 3 worksheet starts with the current rent, annual allowable increase and post-annual-increase rent. It calculates the current-year 3% additional-increase cap and compares it with the approved balance left after earlier phases. Review the 24-month maximum window after Phase 2's effective date shown in the matching Phase 3 notice. A details sheet cannot revive an expired phase or create new RTB approval.
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-P3 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 3D shows the supporting figures for the final allowed phase.
This details form accompanies the Phase 3 notice, RTB-53-P3. It does not independently authorize a rent increase and should not be served as a stand-alone substitute for the Phase 3 notice.
Check the supporting figures against the RTB approval decision and the amounts already implemented in Phases 1 and 2. If the eligible amount has been exhausted, there is no remaining amount to carry into a third phase.
The tenant should be able to identify the approved amount, the earlier phase history and the calculation supporting the actual amount on the notice. Check the effective date, statutory notice and any annual-increase interaction using the Province’s current instructions.
For the authoritative phase-by-phase process, see the BC government guidance on eligible capital-expenditure rent increases.