How much can a landlord for a business with a long term lease raise rent per year?
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How much can a landlord for a business with a long term lease raise rent per year?
Asked on December 14, 2012 under Real Estate Law, Oregon
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
There is no limit on rent increases on commercial (business) tenants other than as provided in the lease itself--that is, the law does not impose any general limits on this. So if the lease sets out the rent or permitted increases, the landlord would be restricted to that; but if not restricted from increasing by the lease, the landlord is free to set any level of rent the landlord wants.
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