Rent Increase

by | May 19, 2011 | Renter's Rights, Renting 101 | 0 comments

Many of you may wonder if rent can increase while you are on a lease. The Texas Apartment Association has a great answer.

No, unless your lease has a provision that allows increases during the term. Under the TAA Lease Contract, the rent cannot be increased during the initial lease term unless a “special provision” is inserted or an addendum to that effect is attached. To increase the rent (or any other amount noted on page 1 of the lease) at the end of the initial lease term, the owner must give you the same amount of notice that you are required to give if you plan to move out at the end of the term, plus five days.

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