Notice of revision of rent

Notice of revision of rent

1. (1) Where a tenancy agreement provides for the revision of rent, the landlord shall give a notice in writing to the tenant, at least three months before the end of the duration of the current rent, of his intention to revise the rent.
2. (2) Where a landlord exercises his right to increase the rent in accordance with the provisions of the tenancy agreement, and the tenant fails to give a notice of termination of tenancy, the tenant shall be deemed to have accepted the revised rent.