One of the concerns many tenants face is the possibility of rent increases during their lease term or upon renewal. While landlords generally have the right to raise rent, there are specific rules and restrictions that govern how and when this can happen. Here’s what you need to know about rent increases and how to handle them.
Yes, landlords can raise rent, but they must adhere to local laws, lease terms, and notice requirements. To avoid surprises, tenants should understand their lease agreements and familiarize themselves with the regulations in their area. If faced with an increase, consider negotiating or researching alternative options to ensure your housing remains affordable.
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