Second Term Tenancy Rent Calculator ("Calculator")
This Calculator provides rent and other information for the second term tenancy of a regulated tenancy for reference. Please watch the video “How to use the Second Term Tenancy Rent Calculator” for introduction and examples.
Note:
In this calculator, the terms "regulated tenancy" , "first term tenancy" , "offer period" , "second term offer" , "second term tenancy" , "Form AR1" , "control percentage" , "rental index" have the meanings assigned to them by section 120AA(1) of the Ordinance.
(3) Commencement date of the second term tenancy:
Please refer to item(4) in Form AR1
(4) Offer period:
For the whole month of
(5) Maximum percentage for the increase of rent:
The lower of the control percentage (see item (3)) or 10%
(6) Maximum amount of rent for the second term tenancy:
Since the landlord has not served the valid second term offer (i.e. Form AR1) on the tenant within the offer period, in accordance with the Ordinance, the renewed rent for the second term tenancy is to be the amount of rent last payable by the tenant for the first term tenancy (i.e. item (2)).
Since the landlord has not served the valid second term offer (i.e. Form AR1) on the tenant within the offer period, and the control percentage ascertained for the rent for the second term tenancy is a negative figure, in accordance with the Ordinance, the renewed rent for the second term tenancy is to be reduced by that percentage, i.e.
/per month
The amount stated in item (5) of Form AR1 must not exceed this amount, and is to be rounded down to the nearest integer
The above information is based on the information you have input and is for reference only. This Department accepts no liability for any loss or damage arising from the use of this Calculator.
