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Updated over 4 years ago on . Most recent reply

User Stats

72
Posts
8
Votes
Oliver Martin
  • Las Vegas, NV
8
Votes |
72
Posts

Notice to raise rent

Oliver Martin
  • Las Vegas, NV
Posted

Hello everyone.

I have a tenant who has an expired contract and is on a month-to-month status. We agreed on raising his rent from $1100 to $1200 next month when we renew his contact. Do I need to give an 30 day notice to raise his rent or just execute the contract with the new rent effective in 2 weeks? The property is in Las Vegas. Thanks in advance.

Most Popular Reply

User Stats

45
Posts
29
Votes
Jim Meloche
  • Investor
  • Ann Arbor, MI
29
Votes |
45
Posts
Jim Meloche
  • Investor
  • Ann Arbor, MI
Replied

I always just do an addendum to the original lease agreement, whether it's extending the term, or raising rent.

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