Canada / Prince Edward Island
PEI's tight rental market with IRAC-administered rent control, strict vacancy decontrol rules, and island-specific compliance requirements.
Regulatory Framework
Prince Edward Island residential tenancies are governed by the Rental of Residential Property Act and administered by the Island Regulatory and Appeals Commission (IRAC). PEI has rent control: annual rent increases are capped at a percentage set by IRAC each year. Landlords must apply to IRAC for above-guideline increases. Security deposits are capped at one month's rent. The Residential Rental Property Board (a division of IRAC) handles disputes. PEI's small size and tight housing market mean vacancy rates have been among the lowest in Canada, driving significant regulatory attention to tenant protections.
Key Rules at a Glance
Built for Prince Edward Island
Annual IRAC rent increase cap applied automatically. Above-guideline application documentation prepared when capital improvements or extraordinary costs justify it.
Current PEI-compliant lease agreements and notice forms. Correct notice periods for termination, rent increases, and entry built into every workflow.
Evidence packages formatted for IRAC Residential Rental Property Board hearings. Payment histories, maintenance records, and inspection reports organized automatically.
PEI-specific deadlines for rent increase notices, deposit returns, and IRAC filings tracked in one compliance calendar with automated reminders.
Coverage
Revun handles Rental of Residential Property Act compliance so you can focus on your portfolio.
