Can landlords increase rents by more than 25%?
After increasing the legal ceiling of 25% rent, it is questionable if the owners can increase their rent more than 25%? It seems that there is only one way that landlords can increase their rent by more than 25%. This is the way to increase rent…
Debate over 25% rent increase cap continues As EV owners struggle to break the legal limit due to high inflation, even for renters, even a 25% rent increase is too much in the current economic climate. So, can landlords increase rents by more than 25%, is there a way to do this?
A way to increase the rent by more than 25%!
From now on, owners and tenants will face a 25% rent increase limit for 1 year. But according to the law, there is no penalty for the owners who do not follow this rule.
That’s why homeowners try all kinds of ways to break this rule. In this way, the pressure on tenants has increased recently.
In the new system, the owner can increase the rent as much as he wants if he agrees with the tenant. In such a case, the ceiling of 25% rent increase may not be applied. Because of this, landlords are trying to force tenants to agree to higher rents. It is preferable to get an eviction letter from the tenant and evict the tenant.
Since the tenant knows that if he leaves, he will find a house to rent at much higher prices, he must approve the landlord’s high rent increase.
Another way is to create a justification for the tenant to leave the house. There are ways that this is possible. The landlord says that his son, daughter, mother, father will stay and he can evict the tenant, but if he accepts a high rent increase, this may not happen. In this case, the tenant must accept the offer of rent increase from the owner. In this way, landlords can easily exceed the 25% rent increase limit.
Under what conditions is the lease contract not valid?