Landlord Question and Answer Forum
how much time is needed to give notice to increase rent
Eileen E, NY on Thursday, March 19, 2015
RE: rent increase
If it is not a long term lease, you should give at 30 day notice that you are increasing rent. If it is a long term lease, rent can't be increased until the end of the current lease term. Of course rules are different if it's a rent controlled or rent stabilized property.
Posted by
Douglas B, MD
on
Friday, March 20, 2015
RE: rent increase
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Posted by
nabila f, ME
on
Saturday, August 8, 2015
RE: rent increase
It depends what contract you signed with the tenant. If in contract it is mentioned that this amount will be increased after certain period then you can't increase rent till end of that period but there is no as such clause in the contract and not any to overrule rent increase then you will have to give them advance notice of at least 30 days.
Posted by
Lincoln B, Grey
on
Tuesday, April 25, 2017
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