15-DAY NOTICE: RENT INCREASE
When can my Landlord raise my rent?
Renters are often curious about both when and by how much a landlord can raise their rental payment. The bad news is that Florida does not regulate rent and a landlord can increase rent by however much they see fit. See Florida Statute 125.0103. However, a Landlord does not have the right to spontaneously increase rent. Typically, most renters/tenants will enter into a written lease agreement with their Landlord that outlines the terms of their rental contract including the rent amount and time length a renter will be permitted to occupy their property. If you, the renter, have a written lease agreement with your Landlord that outlines both the amount and time of your tenancy, your Landlord typically cannot increase the amount of rent during that rental period.
If my landlord cannot increase during my rental period, when can they?
If your lease expired and your landlord allowed you to rent the property from month-to-month, or you are a “tenant at will,” your Landlord must provide you with a 15-day notice stating that they will be seeking an increase in rental payments.
What is a 15-Day Notice?
A 15-day notice is a written notification from your landlord stating that the verbal month-to-month lease agreement that has been in place will be terminated. Pursuant to Florida Statute Section 83.57(3), “[w]hen the [renter’s] tenancy is from month to month” a landlord has to give no “less than 15 days’ notice prior to the end of any monthly period.” Following notice and the termination of the month-to-month tenancy, the landlord is free to enter into a new agreement with you, the renter, and increase rent for whatever amount they want.
This is a broad overview of terminating verbal rental agreements. Circumstances can vary on a number of facts including the type of tenancy you have established with your Landlord. At J. Perez Legal P.A., we have over twenty years serving tenants/renters in Hollywood, Pembroke Pines, and all-over South Florida. Our experienced real estate attorneys fight hard to protect the rights of renters. Please call (954) 450-2585 today to schedule a consultation with experienced real estate attorneys.
J. Perez Legal P.A. handles a variety of cases, so call now if you have any questions related to real estate including mortgage, foreclosure, modification, etc.
Renters are often curious about both when and by how much a landlord can raise their rental payment. The bad news is that Florida does not regulate rent and a landlord can increase rent by however much they see fit. See Florida Statute 125.0103. However, a Landlord does not have the right to spontaneously increase rent. Typically, most renters/tenants will enter into a written lease agreement with their Landlord that outlines the terms of their rental contract including the rent amount and time length a renter will be permitted to occupy their property. If you, the renter, have a written lease agreement with your Landlord that outlines both the amount and time of your tenancy, your Landlord typically cannot increase the amount of rent during that rental period.
If my landlord cannot increase during my rental period, when can they?
If your lease expired and your landlord allowed you to rent the property from month-to-month, or you are a “tenant at will,” your Landlord must provide you with a 15-day notice stating that they will be seeking an increase in rental payments.
What is a 15-Day Notice?
A 15-day notice is a written notification from your landlord stating that the verbal month-to-month lease agreement that has been in place will be terminated. Pursuant to Florida Statute Section 83.57(3), “[w]hen the [renter’s] tenancy is from month to month” a landlord has to give no “less than 15 days’ notice prior to the end of any monthly period.” Following notice and the termination of the month-to-month tenancy, the landlord is free to enter into a new agreement with you, the renter, and increase rent for whatever amount they want.
This is a broad overview of terminating verbal rental agreements. Circumstances can vary on a number of facts including the type of tenancy you have established with your Landlord. At J. Perez Legal P.A., we have over twenty years serving tenants/renters in Hollywood, Pembroke Pines, and all-over South Florida. Our experienced real estate attorneys fight hard to protect the rights of renters. Please call (954) 450-2585 today to schedule a consultation with experienced real estate attorneys.
J. Perez Legal P.A. handles a variety of cases, so call now if you have any questions related to real estate including mortgage, foreclosure, modification, etc.