PERCENTAGE RENT INCREASE
Tax Planning and Financial

DLEC
DLEC
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6 Posts
14 years ago
0
WHAT IS AN ACCEPTABLE % INCREASE ON MY TENANTS RENT. THEY ARE DUE IN ONE MONTH TO GO FROM AST TO PERIODIC. I AM SERVING A S13(2) TO INFORM THEM OF MY INTENTIONS, I WISH TO KNOW IF THERE IS A STATUTORY LIMIT I HAVE CURRENTLY RAISED IT BY 3% BUT NEED REALLY TO RAISE IT BY 5%? ANY HELP GLADLY RECEIVED.


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