T-8.1, r. 7 - Regulation respecting the sale, lease and granting of immovable rights on lands in the domain of the State

Article 21 Versions de la disposition

2024-12-01

21. Unless otherwise provided for, the annual rent for land or buildings is established at 6% of their market value. However, the rent may not be lower than the minimum rent fixed in section 7 of Schedule I.

Where the term of the lease is less than 5 years, the rent is reviewed on 1 April of each year in accordance with the variations in the average Consumer Price Index for the preceding year, based on the index compiled by Statistics Canada for the whole of Québec.

The rent is rounded off to the next highest dollar if the dollar fraction is $0.50 or more, or to the next lowest dollar if the dollar fraction is less than $0.50.

O.C. 231-89, s. 21; O.C. 308-99, s. 1; O.C. 440-2003, s. 1; O.C. 705-2010, s. 13; O.C. 980-2015, s. 3; D. 1357-2024, s. 6.

2016-01-01

21. Unless otherwise provided for, the annual rent for land or buildings must be 6% of their market value. However, the rent may not be lower than the minimum rent fixed in section 7 of Schedule I.

The rent is rounded off to the next highest dollar if the dollar fraction is $0.50 or more, or to the next lowest dollar if the dollar fraction is less than $0.50.

O.C. 231-89, s. 21; O.C. 308-99, s. 1; O.C. 440-2003, s. 1; O.C. 705-2010, s. 13; O.C. 980-2015, s. 3.

2012-09-01

21. The annual rent for land or buildings must be 6% of their market value. However, the rent may not be lower than the minimum rent fixed in section 7 of Schedule I.

The rent is rounded off to the next highest dollar if the dollar fraction is $0.50 or more, or to the next lowest dollar if the dollar fraction is less than $0.50.

O.C. 231-89, s. 21; O.C. 308-99, s. 1; O.C. 440-2003, s. 1; O.C. 705-2010, s. 13.