What to do about a rent increase?
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What to do about a rent increase?
I am renting an apartment. When I first moved in, the rent was $1120 a month. Then raised 3% to $1153. During that year I agreed to pay an additional $75 a month for a parking spot but this was a verbal agreement made months after the new lease. Can my landlord make the next 3% raise on the $1228 or should it be on the $1153?
Asked on October 22, 2012 under Real Estate Law, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Unless your municipality has rent control or stabilization ordinances (and if it does, you need to review them to answer this question), you landlord may certainly make the next increase on the current rent--which is also the most common way to do any increase like this. (E.g. Social Security cost of living increases are based on current year payments, not some prior base year; when you get interest on a bank account, it's on the total amount in the account, including any prior interest left in the account; etc.)
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