Ask Experts Questions for FREE Help !
Ask

NC Residential rental real estate.

Asked Jan 15, 2007, 06:10 AM — 1 Answer
I have a tenant here in NC who has been under a verbal rental agreement with me (& my wife) since july 2006. We allowed her to rent well under market in order to get back on her feet. Over time she would get the utilities in her name and would be able to pay closer to a fair market rent. It has become time to make some changes. The rent needs to be raised as well as she has added pets without permission. She came with one cat and we told her that would be OK but we normally do not want any animals. How much advance notice must I give her to be able to raise her rent? THANKS!

1 Answer
LisaB4657's Avatar
LisaB4657 Posts: 3,493, Reputation: 2607
Expert
 
#2

Jan 15, 2007, 06:28 AM
If she pays rent on a monthly basis then you have to give her 30 days written notice before increasing the rent.
Helpful

Not your question? Ask your question View similar questions

 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting

Undo
Redo
 
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

Real Estate [ 1 Answers ]

How do Tax Sales/leins work?

Real Estate [ 2 Answers ]

I'm retired and I'm a resident of Florida I live in Florida for 7 months a year and 5 months in New York. I have real estate in New York. Do I have to pay New York State income tax?

Real Estate [ 3 Answers ]

Does any one here know about real estate. I'm wondering which aspect of the whole career is best as in buying a house fixing it up and selling or going through companies. Or if they are two totally different things in all. Just any info would be appreciated. Thanks

Real Estate [ 7 Answers ]

We Are Selling Our Home Which Has Two Separate Properties. The People Who Want To Buy Both Properties Put In A Contract. Now They Wish To Divide To Two Contracts One For Each Property. Please Note That Both Properties Are Separately Addressed And Separately Deeded. If We Agree To This Are They...

Real Estate [ 1 Answers ]

Hi: How do I find out whether a real estate broker is licensed?


View more Real Estate questions Search