16 Oct Can a landlord raise your rent because their mortgage has gone up?
Posted at 22:03h
in Articles
If you rent a room and have a shared space, such as kitchen, living room, and so forth, YES. If you have your own enclosed apartment which is not in a motel for example, then NO.
It doesn’t matter if their mortgage goes from $2,200 to $6,000 a month, for example, they can’t increase your rent. For example, if your lease is up for renewal on November 1st, they may warn you that they will be using it for themselves or their children, etc. Let’s say 16 months later they no longer want to live there and you have to pay $2,200.