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Updated 7 months ago,

User Stats

55
Posts
10
Votes
Linda Roberts
10
Votes |
55
Posts

Handling last month rent, how to charge the difference?

Linda Roberts
Posted

My tenants have lived in the house for several years. During this time, the rent has increased by $650. How do you handle the difference between the original last month's rent and the current rent? Do you require tenants to add the difference to the last month's payment each year with a rent increase? Is this stated in the lease agreement?

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