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    nsternes's Avatar
    nsternes Posts: 1, Reputation: 1
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    #1

    Jun 2, 2014, 09:15 AM
    For a commercial property can a landlord give you a 1 day notice of rental increase
    I rent a space at a flea market/bazaar. The property foreclosed and the new owner gave a 1 day notice of rental increase more than 50% of the original amount.

    My question is how much notice is required prior to rental increases on month to month-I live in Texas
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Jun 2, 2014, 09:41 AM
    Do you have a lease? With commercial property, the lease is more important than statutory law. However, since this is a foreclosure, its possible the foreclosure voided all leases and the new owner can arbitrarily raise rents with little notice.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #3

    Jun 2, 2014, 01:27 PM
    Also, space at a flea market is perhaps not the same as a standard commercial lease. It's more like a license, and I don't know that regular rules apply.

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