Rent prices | Imamother

amother

OP ↓

Wed, Jul 31 2024, 11:36 pm

At the end of a year how much can rent be raised?
Legally -
And reasonably
utilities

icedcoffee

Thu, Aug 01 2024, 9:27 am

This depends where you live. In NY, unless your apartment is rent-stabilized, they can legally raise it whatever they want at the end of the lease. They need to give a certain amount of notice if it's above a certain %, though.

mig100

Thu, Aug 01 2024, 9:28 am

amother OP wrote:

At the end of a year how much can rent be raised?
Legally -
And reasonably
utilities

Are u in lakewood?

amother

Scarlet ↓

Thu, Aug 01 2024, 9:57 am

Depends on location. Lease. Local laws. Local beis din

amother

Brickred

Thu, Aug 01 2024, 10:00 am

These things should generally be noted in the lease. But regardless, I think 90 days notice of increase is standard.
I'm not from Lakewood, but from what I've seen posted here, 5% is "standard"
But question, I'm curios, even if the apartment is illegal, is the lease still "valid"

amother

Peru ↓

Thu, Aug 01 2024, 10:01 am

Wasn't there a few threads on this exact same question this week? Please read them so people don't rewrite the whole thread.

Bottom line: look up your local laws as it differs from city to city, sometimes based on what type of apartment as well. Maybe depending on your lease (but local laws trump lease typically).

amother

↑ Scarlet ↓

Thu, Aug 01 2024, 10:05 am

amother Brickred wrote:

At this point lakewood township assumes every house has an apt (at this point new homes have 2)
And beis din will uphold rules for basement tenants.

Lkwd actually doesn’t have rent control laws but I believe beis din has a standard.

amother

↑ Wandflower

Thu, Aug 01 2024, 10:31 am

In Lakewood if you live in an apt building then there is a 5% max raise a year if you rent a house or basement then there are no laws regarding this

Cmon be nice

Thu, Aug 01 2024, 11:33 am

amother Wandflower wrote:

In Lakewood if you live in an apt building then there is a 5% max raise a year if you rent a house or basement then there are no laws regarding this

I believe, based on past threads, that the bolded is only true if the landlord actually lives in the house.

amother

Magenta

Thu, Aug 01 2024, 11:35 am

amother Peru wrote:

I'd be bothered by your comment if I was the op. Why do you care?

amother

↑ OP ↓

Thu, Aug 01 2024, 5:38 pm

icedcoffee wrote:

So if lease is a year, 3 months before the end of the lease?

amother

↑ OP ↓

Thu, Aug 01 2024, 5:39 pm

amother Scarlet wrote:

Depends on location. Lease. Local laws. Local beis din

NY, doesn't say in lease. Is there Is there max legally, and reasonablly

amother

Geranium

Thu, Aug 01 2024, 5:40 pm

You’ve asked this. Why do you keep wasting people’s time?

amother

↑ Scarlet

Thu, Aug 01 2024, 5:46 pm

amother Wandflower wrote:

In Lakewood if you live in an apt building then there is a 5% max raise a year if you rent a house or basement then there are no laws regarding this

Except beis din will not anllow unfair price increases if one side takes the other side.

amother

↑ OP

Thu, Aug 01 2024, 5:54 pm

amother Scarlet wrote:

Except beis din will not anllow unfair price increases if one side takes the other side.

What does this mean?
Will it not be more expensive to go to beis din?

amother

Honey

Thu, Aug 01 2024, 6:01 pm

amother Geranium wrote:

You’ve asked this. Why do you keep wasting people’s time?

Why are you rude? If you don't want to answer don't.
No, I'm not the OP I just feel there's enough hate in this world we don't need more.
Let's just all be nice to each other. We need moshiach we all have enough going on our lives....

amother

Garnet

Thu, Aug 01 2024, 6:04 pm

amother Brickred wrote:

It is valid in beis din as well as secular ct

amother

↑ Peru

Thu, Aug 01 2024, 6:10 pm

amother Magenta wrote:

I'd be bothered by your comment if I was the op. Why do you care?

Because it clogs up the threads. It wastes time. It is the exact same question in the same format multiple times. It doesn't say location, what the lease says, or what type of apartment or home it is.
OK, let me tell you the rules for single home rentals in Beverly Hills, CA or maybe apartment buildings in Miami Florida, or 2 family homes in Brooklyn, NY.