Re:My landlord offered me $35K to move out
by fencepost on Friday July 27, 2018 @08:31AM
(#17625460)
Right, but if you're not in a rent controlled unit my expectation is that the landlord can adjust the rent as high as they'd like at the end of each 6-12 month lease.
Re:My landlord offered me $35K to move out
by dragonwriter on Friday July 27, 2018 @08:39AM
(#17625489)
> Right, but if you're not in a rent controlled unit my expectation is that the landlord can adjust the rent as high as they'd like at the end of each 6-12 month lease.
Depends on the lease terms; the current place I live we had an un-the-lease $50/mo. limit on increases for the first two annual renewals. Also been in month-to-month leases where in principal the rent could increase at any time without limit for m with 30 days notice.
Basically, under the law in California and specifically in San Francisco, the home belongs to the person who lives there, not the person who holds the title.