Is it illegal to go up on rent every year signing a new least?

What you don't realize is that it costs money to have you live in your place. My insurance has tripled in the last few years and my taxes are huge. I make very little on the place and several years in a row I have had bad tenants that left a lot of damage when they left. That runs up the cost of renting out apartments and mine are within or lower than what most charge. To me it is a lot of money and being paid what it costs to keep the place going is critical. So I have raised the rent on the side where all the damage has been done but leave my other tenant alone because he keeps the place so nice and I seldom have to spend money on his side. A small increase like you talk about might just cover paying insurance. They charge a fortune and here we now have to buy separate wind policies and that is extremely expensive. I have to cover expenses and hopefully make a little to pay for the place and to pay me for my time and effort. Is it legal to go up each year...that is perfectly normal and it only covers rising expenses to the landlord. We don't really make much money off of renting. It is such a hassle at the best of times.

It's unusual for rent NOT to go up each year when the lease comes up for renewal. My rent has gone up $100 in the past 3 years ($30, $30 and the latest was $40). Nothing illegal about it. I WISH it was illegal.

Most landlords increase the rent every year. Landlords have the right to increase the rent. Get used to it. However, if you don 't want it to go up, ask for a five year lease. If the landlord agrees, then it won 't go up until after five years. However, there is a downside. The rent will be increased much more now and you will be tied into a five year lease. Is that what you want?

Your landlord is able to legally raise the rent of a rental unit. In most cases this rent increase is after the terms of the lease has expired. Normally a lease is for 1 year in duration.

If you would want to increase the number of years of a lease, there would be a built in clause of rent increases in the lease agreement. It might be that after a year your rent would increase by $35.00 and increase at that increment each year, until the lease expire.

There is no 5 year lease that would not have this clause in it. If this clause was not in a five year lease everyone would want a 5 year lease, with no increase in their rent..

A landlord is not able to be financial successful with the rent being static.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"

Annual rental increases are perfectly legal- but there are usually limits to the percentage. Georgia does not limit rental increases and prohibits any local government from limiting them:

https://www.landlordology.com/georgia-landlord-ten...

No Limit on Rent Amount: No county or municipal corporation may enact, maintain, or enforce any ordinance to regulate the amount of rent to be charged for privately owned, single-family or multiple-unit residential rental property. (O.C.G.A. § 44-7-19).

The only limit to Georgia rental increases is what the market will bear. If it's too high, tenants will move and the landlord can try to get someone to pay the rent he is requesting.

In most state laws (Georgia excluded), a 10% annual increase is usually permitted; generally, a 30 or 60 day notice is required, effective on the first 1st of the following month. (If issued on the 1st, the 1st of the following month, but any later, it is effective on the 1st of the next month- in other words: notice issued July 1st, effective August 1st; notice issued July 2nd, effective September 1st.)

It is illegal for a landlord to change rent during a lease. They can only raise rent when the lease has expired, with prior notice.

Not applicable in Georgia: In some cities, rent control is illegal; in others, there are even vacancy rent control laws, which limits rental increases between tenancies.

PS: The Georgia rental laws may have changed recently, but I believe my information is up to date.

No it it not illegal to raise the rent each rental renewal. You are lucky that it was $1 and then maybe $25. Often it can be in the hundreds in some areas because of the need for housing.

No

(are you serious?- the rent MIGHT go up from 450 to 475,6 months from now

THATS a 25$ increase/month - and thats less than 1$ a day

and YOU are complaining it went from 249 to 250/month a year ago -

THATS just a 1$ increase/month, and THATS just 3c each day)

Think of it this way: the landlord has equity in the building. It's gome up, and he wants a return on investment (his equity) that's equivalent to what he had at $450 a period. Over two years, the equity has probably increased by 10%; 10% of 450 = 45, so, you're getting away lightly if the increase is $25 per period.

The amount of your monthly rent is only fixed for the term of the lease. Unless there is some sort of rent control where you are, you can either accept the monthly rent of the new lease, or give your 30 days written notice to move out.

No. Once the lease expires, rent can be increased. The cost of owning property goes up every year. Landlords have the right to pass those increased costs on to tenants.