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Under the California Tenant Protection Act of 2019, landlords can generally raise rent by up to 5% plus the local rate of inflation, but the total increase cannot exceed 10% in a 12-month period ...
Illegal rent raises in WA. That said, landlords cannot attempt to raise your rent in the middle of a lease agreement. If the agreement specifies a rental amount for each month, and you both signed ...
Apartment rent prices fall 1.4% month-over-month in December. In the face of sky-high rents, President Joe Biden is rolling out a new set of principles the White House is calling a "Renters Bill ...
NNN lease. In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.
The frequency and degree of rent increases are limited, usually to the rate of inflation defined by the United States Consumer Price Index or to a fraction thereof. San Francisco, for example, allows annual rent increases of 60% of the CPI, up to a maximum 7%. [64] Rent control laws are often administered by nonelected rent control boards.
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