Tuesday, January 6, 2009

Rent

Rent is the price the tenant pays for possession of the premises. It is the most important economic consideration for both landlord and tenant law. Usually, it is governed by market forces: the amount of the rent will be hemmed in by what other landlords are charging for similar dwellings in similar locations. But sometimes government trumps the market by enacting "rent control" laws that prevent landlords from raising rent more than a fixed percentage.
Rent Find out if the landlord may charge as much rent as he likes. Learn what affect rent control laws have.
Raising The Rent Read if having a lease or a month-to-month rental agreement affects how your rent is raised. Find out what role rent control laws play in rental rates.
New Landlords & Rent If your landlord sells the building, find out if your new landlord must abide by the original agreement.
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