Couldn't have said it better.

Many long term leases will spell out automatic rent increases over the term of the lease. This is especially true in commercial leases, but you will also see them in residential leases from time to time.

In response to this post by Beerman

Posted: 09/20/2018 at 11:19AM

Rental property gurus! Counsel needed. -- great2bahokie 09/20/2018 09:43AM

Rent is only set by market, unless contract -- HokieHutch 09/20/2018 3:15PM

I'll add that health impacts for exposure to mold are common claims.... -- CrystalCoveHokie 09/20/2018 12:02PM

Have to show actual damages (got medical treatment for mold exposure). -- Hokie CPA 09/20/2018 4:37PM

Yeah, I thought about that... ** -- great2bahokie 09/20/2018 12:18PM

As others have said depends on the lease, if it is not addressed in the -- fordham 09/20/2018 11:52AM

It's all in the lease -- Beerman 09/20/2018 09:54AM

Couldn't have said it better. -- Hokie CPA 09/20/2018 11:19AM

I would imagine the rent would stay the same until the lease is up -- VTENGR 09/20/2018 09:52AM

So...the lease is month to month after the first year...and she's in year 8 ** -- great2bahokie 09/20/2018 09:53AM

Month to month is an issue for landlords -- HokieHutch 09/20/2018 3:17PM

Year 8??? Forget the lease, she needs to buy the place -- HokieAl 09/20/2018 11:23AM

It would be a tax advantage to buy the property from the landlord and let -- Hokie CPA 09/20/2018 11:28AM

Wow! This is a lot to consider. Have never heard this option. -- great2bahokie 09/20/2018 12:20PM

I bet you have...that's basically an "owner-financed" sale. ** -- MP4VT2004 09/20/2018 12:42PM

Also, no need to qualify for financing on a seller-financed sale. If buyer -- Hokie CPA 09/20/2018 3:39PM

You can only do this if the landlord owns the property outright, correct? ** -- VTENGR 09/20/2018 3:47PM

Correct. -- Hokie CPA 09/20/2018 4:23PM

Here is the verbiage from my lease -- VTENGR 09/20/2018 10:15AM

I think that is only the first increase cap -- HokieHutch 09/20/2018 3:20PM

Yes, but in the case of my lease there is. -- VTENGR 09/20/2018 3:44PM

Yes, but once it goes month to month, then you can give the tenant 60 days -- Hokie CPA 09/20/2018 4:28PM

I read it the same way... ** -- great2bahokie 09/20/2018 10:30AM

You just need to read the lease -- VTENGR 09/20/2018 10:12AM

Yes...it does. Thanks! ** -- great2bahokie 09/20/2018 10:13AM

If she’s month-to-month, landlord can raise the rent anytime they want. And -- CPRVHokie 09/20/2018 09:59AM

She's probably stuck -- Beerman 09/20/2018 09:56AM

Is there a lease? ** -- JoesterVT 09/20/2018 09:51AM

Yes, but not much there. Very simply document. ** -- great2bahokie 09/20/2018 09:52AM

Does the lease have an end date, or is it true "month to month"? -- JoesterVT 09/20/2018 09:56AM

Legit month to month. ** -- great2bahokie 09/20/2018 09:58AM

Rents should be market driven. Property owner can set rent at whatever they -- Hokie360 09/20/2018 09:48AM

Yes- unless a contract says something else ** -- bigbadbird 09/20/2018 09:47AM

Lease is VERY basic one-page document... -- great2bahokie 09/20/2018 09:51AM

Btw ... does she have a disability? -- HokieHutch 09/20/2018 3:23PM

No disability... ** -- great2bahokie 09/20/2018 3:26PM

Then say polite things ** -- bigbadbird 09/20/2018 10:00AM

Exactly! ** -- great2bahokie 09/20/2018 10:11AM

Couldn't have said it better.

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