If you want your tenants happy, you should increase the rent little by little. If you have "problem tenants" that wont pay the rent or something. Maybe theyre vandalizing or making noise. In this situation, you don't raise the rent to get them out. You get proof(maybe with a camera in the lobby) and evict them!!!
Rent expense has a debit balance as a normal balance so increase in rent will be shown by debit to rent expense.
Rent should not increase while your in a court stipulation. The court stipulation will halt rent increases until all matters are resolved.
The word "justifiable" is an adjective.
It is if you are the owner of the property and receive the rent.
no Answer #2. During a lease, the landlord cannot increase the rent. You are in a contract. Otherwise, speaking generally, the landlord has freedom to increase the rent. He typically owes you 30 days' notice. If you are not renewing, surely you will be out before any rent increase could take effect.
No. The adverb form of justifiable is justifiably.
A sample letter of rent increase has to be given within the terms of the rental contract. Usually, this is given in a month to month lease or at the end of a year lease. Write a simple note saying on what date the rent will increase and for how much. Also outline the consequences of not paying this new rent price.
When rental supply increases the rent decreases.
One would hope so.
Yes. Your income is unrelated to your rent.
Is the struggle of liberalism and constitutionalism justifiable?why?
Is the struggle of liberalism and constitutionalism justifiable?why?