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Landlords can increase the bond when they increase rent. When lawfully increasing the rent, the landlord may ask the tenant to pay extra bond money based on the number of weeksâ bond charged in the tenancy agreement. For example, the rent goes up by $10 per week. The tenant paid 3 weeksâ rent as bond money.
The landlord has 5 days to process the application. If you are under rent control, this is an illegal rent increase under Section 6.13 of the Rent Board Rules and Regulations. A landlord cannot charge more rent for an additional roommate. You can file at the Rent Board for an illegal rent increase.