37% of landlords claimed they collected less than 90% of their total due rent value in 2020 (a 236.4% increase from 2019). 9% of landlords collected less than half of their total due rent value in 2020, a 200% increase from 2019. ...
“Tenant Relocation Assistance Ordinance” that requires landlords of multi-family units to provide relocation assistance payments for tenants that have been displaced through no fault of their own. Payments up to $4,500 may be required when a tenant receives a notice of rent increase of 10% or...
Rental increases - If your tenants are on a rolling contract you're usually only able to implement one rental increase per year. For fixed-term tenancies rent can not usually be increased until the fixed-term ends. All increases need to be fair and realistic in line with the open market ...
Rent Increase Notice: Check with your State’s laws before increasing rentLate Fees: Some States allow a grace period for rent where others do not address thisReturned Check Fees: If your tenant bounces a check, make sure you read up on your State’s laws before charging them a feee...
The conservancy that oversees a storied but aging ocean liner and its landlord are headed to mediation as they attempt to resolve a years-old rent dispute.
Landlords to benefit from budget tax break of up to €1,000 with rent tax credit to hit €750 Budget 2024: Number of measures including mortgage interest rate relief and increase in vacant property tax rate announced Tue Oct 10 2023 - 15:56 Reducing tax on rental income among budget propos...
Can a landlady or landlord increase rent arbitrarily? Increases in rent must comply with local laws and regulations, which often require notice and justification for the increase. 6 How should I address a female property owner? It depends on her preference; some may prefer "landlady" while other...
rent-control proposal in the city of Los Angeles, I remain convinced that the City Council, the mayor and the Housing Department do not get it. The editorial outlined how revisions in the rent control law would lower the ability for landlords to increase rent as co...
The article reports on the increase in gross rent arrears with the social landlords in Northern Ireland (NI). The NI Audit Office (AO) report has revealed that the Housing Executive has succeeded on controlling of its end gross arrears by performing high levels of debt write-offs. This has ...
Rent Increase Letter Receiving a rent increase letter can be frustrating, especially if it feels unjustified. Before reacting, review your lease to understand the terms regarding rent increases. In many places, landlords must give advance notice before raising the rent. Once you’ve reviewed your...