Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Renting
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-13-2017, 10:54 AM
 
150 posts, read 154,240 times
Reputation: 41

Advertisements

Tenant and landlord agreed on a contract for two years and rent amount, after first year landlord wants to increase the rent for second year, can LL really do this? What options does tenant have? This is in NC.
Reply With Quote Quick reply to this message

 
Old 06-13-2017, 11:08 AM
 
Location: The Triad
34,090 posts, read 82,975,811 times
Reputation: 43666
Quote:
Originally Posted by MyCD999 View Post
Tenant and landlord agreed on a contract for two years and rent amount...
In writing?
What EXACTLY does the lease contract say?

Quote:
...after first year landlord wants to increase the rent for second year, can LL really do this?
Lease/contract not in writing?

Still, and even with a lease, most LL's won't raise the rent after just the first year.
Those who do seem to like having extra turnovers.
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 11:51 AM
 
13,131 posts, read 20,995,508 times
Reputation: 21410
Read your contract; what does it say?
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 12:03 PM
 
150 posts, read 154,240 times
Reputation: 41
No information regarding rent increase.
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 12:10 PM
 
3,461 posts, read 4,704,515 times
Reputation: 4033
Quote:
Originally Posted by MyCD999 View Post
No information regarding rent increase.
A contract is a contract. If you both signed it and it states that the rent is x amount for the 2 year period from x date to x date and it states nothing about LL having the option to increase the rent during that 2 year period then they can't increase it because you are locked into the terms of that lease contract, period.

If LLs were able to increase the rent whenever they wanted to during a signed lease term with a set amount stated for rent we would be in a boatload of trouble! Plus, it would contradict the reasons for even having a signed lease contract.

This is exactly where LLs get themselves in trouble by committing to anything longer than a year lease. So the LL is just going to have to suck it up and live with it until the lease term ends.
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 01:05 PM
 
Location: Raleigh
13,713 posts, read 12,435,560 times
Reputation: 20227
"Contract?" Do you mean Lease? A lease is a contract so I guess I'm being pedantic.

But if you have a document that you both signed where you agree to lease the place for 2 years for a specific rent, he can't raise the rent on you in the middle of the term.
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 01:09 PM
 
Location: Southern California
12,713 posts, read 15,535,425 times
Reputation: 35512
If you both signed and agreed to 2 years at X price, then no he cannot raise it after one year. He will learn the hard way not to do long leases.
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 02:44 PM
 
Location: North Idaho
32,650 posts, read 48,040,180 times
Reputation: 78427
Have you added additional people?

It is going to depend upon what your contract says. Generally, neither of you can change the terms, but if you, the tenant, has made substantial changes of some sort, then maybe the landlord can also make changes.
Reply With Quote Quick reply to this message
 
Old 06-13-2017, 03:30 PM
 
Location: Long Island, NY
1,898 posts, read 2,838,168 times
Reputation: 2559
Prior posts suggest that the OP Is the landlord.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Renting

All times are GMT -6. The time now is 01:58 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top