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Updated over 13 years ago on . Most recent reply

Kenneth LaVoie's profile image
Kenneth LaVoie's profile image
Kenneth LaVoie
  • Rental Property Investor
  • from Winslow, ME
  • Member since Nov 24, 2008
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Kenneth LaVoie's profile image
Kenneth LaVoie's profile image
Kenneth LaVoie
  • Rental Property Investor
  • from Winslow, ME
  • Member since Nov 24, 2008
Connect
Kenneth LaVoie
  • Rental Property Investor
  • Winslow, ME
281
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824
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General Landlording & Rental Properties

increase rent based on oil prices

Kenneth LaVoie
  • Rental Property Investor
  • Winslow, ME
Posted

I've heard alot about having verbiage in rental agreements / leases that allow you to increase rent based on oil prices crossing a pre determined threshold. My lawyer just emailed back and said it was pretty straight forward but didn't offer any idea or examples. Has anyone here had such experience? (I'm already aware of having tenant paid utilities whenever possible, this is for those times when it's impossible). thanks much!

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