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Old 12-07-2010, 07:55 AM
 
6 posts, read 14,068 times
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My wife and I moved last year into a group of condos/units with a one year lease. Negotiated down $200. Moving on and in the apartment we've enjoyed the place at a reasonable rent for the space and location. As our lease is about to run out we get an email stating the new rent will be $200 more and that they've sent the new lease, please sign and send new monthly rent. No negotiating or anything. We're waiting for the lease to arrive and the email is less than 30 days from when our lease is about to expire. Yes we should have signed a 2 year lease!
Question: Do they have to give us a certain amount of time notice with an increase in rent? If so how much? What rights do we have in negotiating this?

Last edited by bootonomus; 12-07-2010 at 08:18 AM..
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Old 12-07-2010, 08:18 AM
 
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Why do you think there's no negotiating? You have no "rights" to negotiate. It's up to you to make a counter offer not up to them to ask you to. Make an offer, they'll threaten to evict, it will take months plus several thousands. Continue to pay the current rent month to month. At some point the LL will realize it makes sense to compromise.
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Old 12-07-2010, 08:36 AM
 
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Obviously there is negotiating and counter offers to be made. Looking for info on time/notice required for such increases. Example: more than a months notice. Bit of a curve ball. Anyone?
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Old 12-07-2010, 08:53 AM
 
979 posts, read 4,113,637 times
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Quote:
Originally Posted by bootonomus View Post
Obviously there is negotiating and counter offers to be made. Looking for info on time/notice required for such increases. Example: more than a months notice. Bit of a curve ball. Anyone?
Only in rent stabilization laws and RC is there a window offered, 90 days out. I'm presuming you're not stabilized here. I think the LL is taking advantage of the fact you didn't query them months ago about any rent increase. Believe me, you still have time it's just that a little more brinkmanship is required.
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Old 12-07-2010, 09:02 AM
 
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It is a free market. Why is 30 days not enough?
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Old 12-07-2010, 09:14 AM
 
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Ah okay. No not stabilized and definitely should have queried earlier.

Bear 30 days isn't the issue. It's below 30. Looking for loophole in whether the LL can pull this on such short notice. Spike in rent is outrageous. Trying to keep current rent.
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Old 12-07-2010, 11:01 AM
 
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Why is it outrageous? You negotiated the price down 10%, and landlord didn't think it outrageous.. )
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Old 12-07-2010, 11:06 AM
 
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Yes because it was fair. What are you not getting?
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Old 12-07-2010, 12:51 PM
 
215 posts, read 482,594 times
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Originally Posted by bootonomus View Post
Yes because it was fair. What are you not getting?
There is no such thing as "fair" in the market. Even if you consider the price "fair", your landlord might not.
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Old 12-07-2010, 01:13 PM
 
Location: Boston, MA
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Am I the only one who doesn't see a $200 as outrageous? My friend got an $800 increase on her 3 bedroom so they moved out. My rent increase was $100. I assume you are paying very minimal and it seems shocking, but for me the increas form $2300 to $2400 or even $2500 didn't seem like a big deal
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