Legal Question in Real Estate Law in Massachusetts

Re: landlord/tentant

Unless it is rent controlled, the sky is the limit.

Re: landlord/tentant

Unless it is state or federally funded.

Re: landlord/tentant

It sounds like you are due for a rent increase. Whether it is legal depends upon whether you are currently operating under a written lease agreement.

If you are operating without a written lease agreement, also called a month-to-month tenancy-at-will, you will simply want to provide the tenant with sufficient notice of the increase. I would give them at least 30 days and never less than one full rental period.

If you have good tenants, you will want to consider whether a substantial increase will drive them out.

Re: landlord/tentant

You certainly have the right to raise the rent. One question is what is the market rent for the apartment in your area for a similar apartment. As long as the rent is not more than the market rate for a similar unit in the area, and frankly, $730 month sounds very reasonable to me to a 2 BDRM apt., you can raise the rent. You should give the Tenants at least 30 days notice (one full rental period) if they are on a month to month lease or without a formal lease. Notice should be given even if there is an existing lease with respect to the renewal of the lease.