My landlord house payment is 795.41 we pay 1025 and he want to raise it to at least 1200 is that fair

Asked over 1 year ago - Seymour, TN

if its not what grounds do we have to stand on

Attorney answers (2)

  1. Stephen Alan Sauer

    Contributor Level 16

    5

    Lawyers agree

    Answered . The amount that your landlord pays for the house payment is irrelevant to what you pay in rent. He is setting a rental payment that helps cover his house note on the property along with taxes, insurance, maintenance, etc... A landlord can set a rental rate at whatever he chooses and a tenant can then decide if it's too much or reasonable. There is no law that limits the amount a landlord can charge. The market of potential renters sets that rate. So if he sets the rate too high, the property will remain vacant and the landlord will lose money. If he sets it too low then it will stay rented and the landlord loses potential money he could have made with a higher rate. If you think the new rate is to high, then move out. Or talk to the landlord about a compromised rate that is higher than what you currently pay but less than what he proposes. If you are good tenants, he might agree to a lower amount.

    Nothing in this communication should be construed as creating an attorney-client relationship. I provide this... more
  2. Brandy Ann Peeples

    Pro

    Contributor Level 19

    Answered . Do you have a written lease for a specified term (I.e. a year)? If so, your landlord cannot unilaterally change the terms of your lease. If however, you are a month to month tenant... Meaning you have no written lease, then your landlord may raise rent as long as your landlord provides proper notice.

    DISCLAIMER: Brandy A. Peeples is licensed to practice law in the State of Maryland. This answer is being provided... more

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

25,185 answers this week

2,727 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

25,185 answers this week

2,727 attorneys answering