My lease is up in July as of now my rent is $715 it is April 28 and I received a letter stating if I intend to sign another lease the new rent amount will be $1300!!! Thats close to double- how is that possible? I thought there was a vote re:city rent caps...is there nothing regulating this?
WA law prohibits any rent control anywhere in WA. Seattle is a part of WA. There is no rent control in Seattle.
Some rental properties do have rent control for some units. However, those properties received some sort of subsidies from some government.
For rentals in Seattle, an annual rent increase of 10% or more requires a written notice to the tenant of at least 60 days before the increase and a notice of at least 30 days for an increase of less than 10%.
If your lease is up in July and you already got a notice, it appears the notice has been delivered to you more than 60 days before the increase. Whether the notice is a proper also depends on other factors.
Actually, I am not surprised that you new rent would be $1300; I am surprised that your current rent is only $715. Rent has been expensive in Seattle for many years. The rental market has been favorable to landlords for at least the last 2 years.
Unless your rental is very very small or old, $715 likely is way below fair market value in Seattle. If your rent has been way below fair market value, it being adjusted to fair market value would result in a huge difference.
You can check to see whether $1300 is what your neighbors are paying. If you do not believe the rent is worth $1300, you will need to move out after giving the landlord proper notice.
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