I rent an apartment. I pay $650/month by contract, but the contract ran out last month (September) I already paid $650 for October. Now he is going to raise the rent to $750. When he writes a new contract, what will it say? Should October be in the contract, or will it start from November? If it starts from October, should it say $650 for October and $750 there on? Could he possibly try to charge me the extra $100 for October?
2007-10-23 01:37:50 · 5 answers · asked by giroeterno 3 in Business & Finance ➔ Renting & Real Estate
everyone is corect, the only thing they left out is he can also raise your deposit/security
2007-10-23 04:21:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you are on a month to month tenancy the Landlord has to give you 30 days notice to raise your rent, even if you don't sign the new lease he has the right to raise your rent, so if he notifies you in October that your rent is increasing to $750 he will usually stipulate a date when it goes into affect i.e. November 1st or December 1st. That is the risk you run when you do not have a contract in place, he can raise the rent at any time while you live there and he can give you 30 days to move out if he chooses to not renew you. When you are on a lease you know that the rent you are paying will be good for at least 12 months and they can't just kick you out at any time during the term well not without having to evict you thru the court system, if you have a lease in place it makes it harder.
When you sign the lease it will usually stipulate when it will take affect. Just be sure that he hasn't back dated it to take affect October 1st therefore requiring you to fork up the additional $100 for October. Since your lease expired September 30th, he can make this lease affective October 1st, If that's the case then make sure it states that your rent increase is to take affect November 1st even though you are signing a lease that takes affect October 1st.
Make sure you read the lease before signing it.
2007-10-23 08:59:35 · answer #2 · answered by Weimaraner Mom 7 · 0⤊ 0⤋
Your fixed term lease expired. Read it, does it convert to month to month upon expiration?
Without a fixed term lease, you are a month to month tenant. The landlord may not require a new lease and just let you stay on as a month to month tenant.
When did you receive notice that the rent would be increasing? Generally, the increase would go into effect 30 days - or the next rental period - after getting the notice.
If the notice was dated September 1, the increase would go into effect October 1. If it was dated October 1, it would go into effect November 1.
Check your state's landlord tenant laws, as some states require longer notices to increase the rent.
2007-10-23 09:00:42 · answer #3 · answered by ? 6 · 0⤊ 0⤋
There is a minimum amount of days that your landlord has to tell you about a rent increase to give you time to move out. It could be anywhere from 30 days to 90 days depending on where you live. So he can't legally charge you more rent if it is after that time period. I would check out your state's "tenants' rights". You can probably find it on your state or city's government website. Tenants' rights are important. Don't let a landlord screw you over.
2007-10-23 08:48:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Once your lease expires it normally reverts to a month-to-month tenancy unless your lease states otherwise. The landlord must provide notice of rent increases at least as much as specified in state law. That's typically 30 days. Also, any notice must span one full rental period so any notice given today would be effective on December 1st at the earliest.
2007-10-23 09:11:27 · answer #5 · answered by Bostonian In MO 7 · 1⤊ 0⤋