Man In Space
Senior Member
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- Jul 8, 2006
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My wife and I rent but we do not have a lease. The owner is selling the place and word has it that the new owner plans to raise the rent by almost 30% immediately.
The current rent is a bit below the local average but that's a big jump for us. Are there any limits or restrictions on rent increases? I'm in California if that matters.
Thanks to anyone who has any info.
The current rent is a bit below the local average but that's a big jump for us. Are there any limits or restrictions on rent increases? I'm in California if that matters.
Thanks to anyone who has any info.