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General Property Management
rental property
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Shirly M
started a topic
over 15 years ago
how to raise rent to a certain tennant?
3 Comments
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D
Denise S
said
over 15 years ago
It is important to check with your states regualtions on this as well as your lease. In MD, a landlord, however, cannot raise a tenant's rent in the middle of the lease term (even if the agreement will be renewed), and he must give 30 days' notice of his intent. When a lease agreement is set to expire, the tenant and landlord can negotiate the new rent when discussing renewal of the lease.
E
Emmy M
said
almost 14 years ago
If the applicant gave you $300 holding fee and decide not to take the apartment, then is his loss "Holding Fees" are not returnable, next time make sure you make him sign a holding fee form, you can probably find one searching on google.
R
Richard W
said
over 9 years ago
I think the best thing to do for this would be to have an addendum that the tenant can sign so that it is not looked over.
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