Legal Question in Real Estate Law in Texas
Raising Rent for Lease
My tenant will be signing an extension of her lease for an additional year. I will raise the rent on the property, but is there a certain limit to how much I can raise it? And am I required to give a certain amount of notice before I do it?
Asked on 6/30/05, 11:25 am
1 Answer from Attorneys
Re: Raising Rent for Lease
I do not recall a limit to raising rent, see if your leasing agreement covers that. By all means give a reasonable notice on the increase.
Answered on 7/08/05, 9:13 am