Legally, What Amount Can A Landlord Raise Your Rent?
I rent month to month. No lease or rent control. I pay $500 per month now. My landlord wants to raise my rent $325 per month! Is this legal? How much can a landlord raise someone's rent in New York State?
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asked 2 years ago
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Depending on where you live, it is possible to raise The rent to whatever someone will pay! Thus the benefit of ownership. Renters especially without a lease and a lease that stipulates the amount that the rents can increase per year and at renewal are pretty much at the mercy of he market. If the person can get more they will and if you don't want to pay it then you will have to move.
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This is why renting without a lease agreement can be very risky. The lease agreement stipulates the rent cost and amounts it can be raised and at what intervals. You have choices, move or pay but get a lease back into play even if it still month to month.
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