It's possible, but he would need to give written notice, probably 30 days in advance. It could be that he's been asking a very low rent, that the land values have sharply risen, or he's a greedy person. But it's his perogative. However, if he raises rent on one apartment, he has to raise it on the whole building.
Firstly, some areas have rent control. Contact your local Department of Housing to find out. Even without rent control, there are probably laws in your area about how a landlord can raise the rent. It probably must be in writing. It probably must be with 30 days' notice (or more). The fact it is oral doesn't mean he can raise the rent orally.
A landlord can raise rent at a rate determined by the owner of the property. Increases may or may not be detailed in your current lease agreement. Only the landlord can place an amount of rent on property owned by the landlord. It is usually priced according to location and amenities. Landlord and owner are one and the same.
In a month-to-month tenancy at will, the landlord can raise the rent by giving notice that the current tenancy will be terminated at the end of the next month, and that, if the tenants want to stay after that, the rent will be more. Today is May 11. If the rent is due on the first of each month, and if landlord gives notice on or before May 31, then the tenants are obligated to leave at the end of June, or pay the new rent on July 1.
I would think 12 times, because the lease renews month to month, that is what month to month refers to. It doesn't mean how often renters pay, that is always every month. It is a 30 day lease. They can't raise rent without 30 days notification, so they could raise it every month until you punch a hole in the wall and then they could arrest you. Although that's true, there's also a reasonable rent increase statute within NJ. Therefore, legally, the landlord couldn't just keep raising your rent every month. However, you're better off seeking a landlord that will extend to you a six-month or a 12 month lease and put a clause in the lease for a maximum rent increase for a renewal. I don't think this is correct as most states have a guideline percentage that you may raise the rent per year. Many states may have guidelines by which the landlord may raise the rent, but many states don't. As mentioned the landlord must give notice of one rental period before the next rent is due (some landlords charge by the week, something I would be very leery about). So if your rent is due every month then the landlord must give notice of at least one month before the next rent is due. If you're going to rent, lease up: try not to get into a month-to-month situation if you can help it. It should be noted that any terms and conditions of a month-to-month "lease" is only enforceable to the extent that if you pay your rent you get to live there another month, unless you signed an agreement to other terms and conditions, barring unconscionability, that are written on the agreement.
If you have a lease and it states a specific amount, then the landlord is bound by that amount for the duration of the lease agreement. However, after that lease is completed, he can raise the rent. And if it is a month to month tenancy, he can give a thirty day notice of intent to raise the rent. If you dont want to pay it, you simply find another place to rent or pay the proposed increase in the rent where you were currently residing. But yes, he can raise the rent under the above mentioned circumstances, for whatever reason he has. Then, you either accept this increase or reject and move out.
We live in an apartment and the owners raise (or try to raise) our rent anywhere from $35 - $65 a month every year. We live in PA. I've found that you can negotiate with the landlord. I've asked if they only raise it *** (always lower then they wanted) we'll sign a two year lease. I've never had them turn us down.
More than likely yes. It all depend on the contract / renter agreement you signed. If the contract reads that the landlord can raise the rent at any given time then yes.If the contract reads the landlord can raise rent at the end of a lease term (for example 6 months.) then also yes.Unless the agreement states the landlord cannot raise rent 1. during a lease period, or 2. at all then he can raise it regardless of your income situation.You may try and talk to your landlord and explain the situation and they might have some compassion for your situation.
The landlord may not raise the rent during the lease but after it expires, that's different. Many areas have rent control so check for that first. If there is, then the increase should be within that limit or else you can appeal to the Rent Control Board. If there is no rent control, then the landlord may be free to raise it as much as he wants. If he's asking more than it's worth, move.
Whether the landlord tells the IRS about his rental income really has nothing to do with the tenant. Although, I suppose any tax-paying citizen has the right to report a cheater. In a month-to-month tenancy, the landlord can raise the rent any time, he just has to give a full rental period notice. So, if the rent is due on the first, and he gives notice October 13, the new rent kicks in December 1. That gives the tenant time to decide if he is going to move, or pay the new rent.
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