Our lease was initially supposed to have been for 12 months, but we managed to get it down to 6. But we asked the agent if this would mean that after 6 months, the landlord could increase the rent and she said 'no' because there's a law in BC that says that they can't increase the rent within the first 12 months. Then she also said that after the 12 months, they can increase it by a certain percentage only (I can't remember if it's 5 or 10%). I've been googling this, but can't find anything. Has anyone heard about this?
Also, we've now got a rolling contract. Are there any downsides to this?

http://www.rto.gov.bc.ca/content/rig.../rent.aspx#131 and http://www.rto.gov.bc.ca/documents/G...CT_English.pdf

All tenancies revert to month-to-month once the initial term has expired. There is no significant downside.

That's fantastic. How on earth did you find this? This is actually a pretty good website - one for the bookmark. Thank you!

google is your friend!

http://bit.ly/1b9tfsk

You are very welcome, glad it was of use.

Unless of course, you don't want the FSA to know what you do on the interwebby..

It is inflation + 2% unless they apply to the rtb for a higher increase. For 2013 it is 3.8%. It is mandated in the Residential Tenancy Act and a landlord cannot exceed it without authority from the RTB.