Full question:
My wife and I rent an apt. Three months ago our former landlord sold the house we live in. Our rent was $275.00 per month. We never had a lease with the prior owners. The new landlord never asked for a lease agreement. In October this year, the new landlord told us that the rent was to be increased from $275.00 to $350.00 per month. Can she increase the rent by that much of a percentage? If not, what is the percentage?
- Category: Landlord Tenant
- Date:
- State: Pennsylvania
Answer:
The new landlord can increase the rent, but the amount and method depend on local laws. Since you did not have a lease with the previous owners, you may be considered a month-to-month tenant. In many states, landlords can raise rent with proper notice, but there may be limits on how much they can increase it at once.
To calculate the percentage increase: the difference between the new rent ($350) and the old rent ($275) is $75. To find the percentage increase, divide the increase by the old rent and multiply by one hundred: ($75 / $275) x 100 = approximately 27.27 percent.
For specific regulations regarding rent increases in your area, consult local laws or a legal professional. Users can search for state-specific legal templates at .
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.