Posted by
advisor
16 yrs ago
Can a landlord raise rent after 1 yr in a standard 2 yr lease?
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I'm not a legal expert but I would say no. What is the landlord's justification?
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I think after the first year he can give you notice of a month that he wants the apartment back, as he is raising the rent. You should then have the option of leaving or staying but paying the higher rent. My landlord did this, and the rent went up $5K! It sucks for tenants but landlords are loving it. The rich get richer...
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If it's a standard HK lease, then they all possess a break-clause at 12 months, where either party can inform each other that they want to break the lease within one month. So in this case, the landlord could tell you either you pay more rent, or he'll ask you to move out.
So whenever you sign a new contract with a landlord, you could always negotiate to keep the break-clause for yourself, but not allow the landlord to kick you out.
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Thanks Slammy. I use to think that only the tenant have the option to end the lease after the first 12 months with a month notice. When did this changed?
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Hi there,
I'm not sure when the law changed. I don't have a copy of my old leases, so I can't check but I thought it had been that way since at least 2004.
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