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-   -   Increasing business rent (https://www.askmehelpdesk.com/showthread.php?t=141605)

  • Oct 16, 2007, 09:56 PM
    Misubuffy
    Increasing business rent
    We were just given written notice that the rent would increase $150.00 beginning November 1. I managed apartments for 15 yrs but that was 20 yrs ago but I remember we had to give 30 days notice before we could increase the rent. Not certain if this was also true in business rentals. We live in Arkansas.
  • Oct 17, 2007, 06:06 AM
    excon
    Hello M:

    It ALL depends on your lease. Commercial leases are not covered by your state landlord tenant act.

    excon
  • Oct 17, 2007, 06:11 AM
    ScottGem
    Is there a lease in effect? If not, then the landlord can raise the rent when he wants to. The notice requirement woiuld be for termination of the lease.

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