The Deuce
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    Yearly. Everyone who is a tenant attorney though will advise against withholding rent... Archived Message

    Posted by haighter on April 9, 2024, 10:40:22, in reply to "And how often can they raise?"

    ...because that's a for-cause eviction. Most of the time if you're a tenant in good standing people will just buy you out to get you to go away.

    Everyone wants the sweet buy out money. These folks overplayed their hand. Bigly.
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    Of course, the renter could decide to just stop paying and I guess in SF it'd probably take a year to evict
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    So in theory they could have just raised it to 10k. That said, the renter would immediately appeal to the rent board and get it back, plus potential damages in arbitration.

    They were allowed to raise it 9.5% with no questions asked and no ability to appeal with a 30 day notice.
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    You can’t legally sign a lease for longer than a year. After a year, tenants can move whenever they’d like with 30 days notice. Landlords, can in theory raise the rent with sufficient notice as long as they follow all of the tenant protection rules.
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    Good for the landlord. The tenant was a kcid.
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    ...from a few weeks back.

    As you might remember, one of my neighbors across the street is a renter. The owner wanted to sell. The renter said "I'm not moving for you or for whoever buys for less than 100K".

    He was pretty difficult, used every available tenant law regarding showing of the property to his advantage, turned down lesser buyout offers, and was openly hostile to anyone who came to tour the house.

    As a result, the house sat on the market for over 100 days and stagnated. Kinda unheard of as, while down from the heyday, the average time on market for this particular neighborhood is still less than 30 days.

    Well, I looked out the other day and noticed there's no longer a for sale sign on the house. The listing was pulled from Zillow. So, when I saw the neighbor I asked him what's up.

    Landlord went a different route. He pulled the listing and raised the rent the max amount he legally could and made their rent about a 1000-1500 a month more than similar homes in the neighborhood. Now they get no relocation costs and all he has to do is wait them out until they decide they're sick of overpaying.

    Seems like even in places like this, you gotta be fairly sure of the cards in your hand when you're gambling.






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