How much does rahila owe louis for arrears of rent

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Reference no: EM133278255

Question - Rahila lives in a condominium owned by Louis and her monthly rent is $2,000.00. She moved in on December 1, 2021 and paid a last month's rent deposit of $2,000.00 at that time. When Rahila failed to pay March's rent (2022) Louis served her with a notice of termination setting out a termination date of March 25, 2022. Rahila still didn't pay any rent, so Louis filed an application (via e-file) at the Landlord and Tenant Board for an Order to evict Rahila and to collect the money she owes. The hearing date is May 3, 2022. Assume that Rahila makes no payments before the hearing date, and that the interest rate is 1.2%. Setting out your calculations, as of the hearing date:

a) How much does Rahila owe Louis for arrears of rent?

b) How much does Rahila owe Louis for compensation?

c) What credit is Rahila entitled to and in what amount?

d) What is the balance owing to Louis?

Reference no: EM133278255

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