Rent Increment | Landlord Tenant

Increasing Rent by Landlords

Thursday, May 22nd, 2008

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Rent increment, a major issue in the business of renting by landlords. If you have signed a lease, your landlord can’t raise the rent until the end of the lease period. So, if you have a one-year lease at $1000 a month, the landlord can’t raise the rent until the end of the year. A lease is a rental agreement that covers a specific period of time, such as a year or six months or any fix period of time that is decided at the time of agreement. Continue reading…