Is there a Law in the stated of Delaware that says a leasing office MUST raise your rent every year?
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Is there a Law in the stated of Delaware that says a leasing office MUST raise your rent every year?
I don't believe there is a law, but it is common to incur annual increases. Standard business practice.
Quote:
Originally Posted by Holmester81
No.
No they do not have to, but there is a business practice that you have to make a profit, so the electric prices go up, the cost of salaries go up, the expense of advertising goes up, and guess what, that makes your rent go up.
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