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Updated about 2 years ago,
Annual Rent increase language in residential lease agreement?
Hi All - I have two single family rentals right now and multi-year tenants. We do a rental agreement every year, but of course I'm a softy and have a hard time raising rents. Does anyone have an example of rental increase language that they put in their lease agreements? IE./ '$X/month with the option to renew on Y date for +% prime ...' or something? Do people do that?