i would like to know how many times a landlord can raise the rent in 1 year?
2006-06-29 15:03:42 · 10 answers · asked by proudnanny05 1 in Business & Finance ➔ Renting & Real Estate
Read your lease. If you signed a year's lease, you usually have agreed to a defined rent for that year. The rent should not go up until the end of the year. If you are on a month-to-month lease, the landlord has a right to raise the rent, provided he gives you proper notice, usually at least one month. Either you or the landlord can cancel a month-to-month lease with 30 days notice. Some jurisdictions have rules limiting how much landlords can raise rent. You would have to check with your local government to see if such laws exist where you live.
2006-06-29 15:09:41 · answer #1 · answered by just♪wondering 7 · 0⤊ 0⤋
If you have a written lease, the landlord cannot raise your rent during the term of the lease. If you have a verbal rental agreement or a month-to-month written agreement, your landlord may raise your rent by giving you a notice at least thirty (30) days before your next rent payment is due. If you pay on the first of the month, she must give you notice on or before the first of the preceding month.
2006-06-29 15:08:05 · answer #2 · answered by maynerdswife 5 · 0⤊ 0⤋
You have a lease, right? It should say in the lease. If you're month-to-month, as far as I know they can raise it every month. Check with your local district attorney - they handle landlord & tenant stuff, usually.
2006-06-29 15:06:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you don't have a lease stating a time period, the landlord can change it every month.
2006-06-29 15:06:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
if there are no rules or law that regulates the raising of rent and if there is no existing agreement on the contract regarding increasing of rent then i guess anytime he can raise the rent as often as he want....
2006-06-29 15:07:27 · answer #5 · answered by grayxenon 4 · 0⤊ 0⤋
Check your lease. Usually they can't raise it during the lease period.
2006-06-29 15:06:34 · answer #6 · answered by PermDude 4 · 0⤊ 0⤋
that depends on your state - and your lease - call a local real estate office if you have questions they should be able to help you - ask for someone who handles rental properties
2006-06-29 15:05:57 · answer #7 · answered by Shopaholic Chick 6 · 0⤊ 0⤋
If you have a lease he can only rasie it when a new lease is signed!
2006-06-29 15:08:35 · answer #8 · answered by yanially 2 · 0⤊ 0⤋
Varies. State to state, province to province, territory to territory. Where do you live?
2006-06-29 15:06:55 · answer #9 · answered by wandering_canuck 5 · 0⤊ 0⤋
mines done it so damn much like every month it goes up more and more
2006-06-29 15:06:51 · answer #10 · answered by Courtney 2 · 0⤊ 0⤋