أسئلة وأجوبة
Can I send my tenants eviction notices if they did not agree on the rent increase?
My tenants wish to renew their contracts but unfortunately, we are unable to agree on the increased rental price to reflect the significant changes in the market over the past year.
Instead, they quote that the RERA rental price index suggests that no increase is in fact allowed despite the fact that no property can be found at that price in the same area.
Given the fact we are unable to agree, am I correct in my understanding that now I must give them a new contract upon the expiry of the old one at below market rates?
Also, can I invoke the 12-month notice period to vacate, as stated in their current contract (I could have done this before now but chose not to), via email?
Thank you in advance for your responses.
1) If the landlord wishes to increase the rent, he must send a notice 90 days before the end of the lease.
2) If the landlord sees that the rent is less than the market, he can request the appraisal of the property by the Land Department.
3) If there is an increase in the rent according to the appraisal, he has the right to demand an increase in the rent.
You can not increase as per the market exactly, you have a limit as per the laws.
If the rent is 10% less than the market value, there can be no increase.
If the rent is 11-20% lower than the market value, the maximum increase may be up to 5%.
If the rent is 21-30% lower than the market value, the maximum increase may be up to 10%.
If the rent is 31-40% lower than the market value, the maximum increase may be up to 15%.
If the rent is less than 40% of the market value, the maximum increase may be up to 20%
And of course, you have to send notice 90 days before the contract ending date with that increase
If you want to send them an evacuation notice, it should be 90 days before the contract ends via court, not via mail.
