747. Determination of fair rent.

In determining what rent is, or would be1, a fair rent under a regulated tenancy2 of a dwelling house, regard must be had3 to all the circumstances4, other than personal circumstances5, and in particular to:


    (1)     the age, character6, locality7 and state of repair8 of the dwelling house9;


    (2)     if any furniture is provided for use under the tenancy, the quantity, quality and condition of the furniture10; and


    (3)     any premium11, or sum in the nature of a premium, which has been or may be lawfully required or received on the grant, renewal, continuance or assignment of the tenancy12.