How does the Rent Assessment Committee reach its decision when deciding a Market Rent?
Following a Section 13 application the Committee will first decide whether it has jurisdiction. For example it may consider the validity of the landlord’s notice and whether the application has been received on time. If it decides that it does have jurisdiction the committee will then proceed, under Section 14, to decide what the rent the landlord could reasonably expect to obtain in the open market if he were letting it on a new tenancy on the same terms as the present tenancy. It is important to note the rent determined could be higher or lower, or the same as that proposed in the landlord’s notice.
