Can my landlord increase rent if I exercise an option to renew with uncertain rent?
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Can my landlord increase rent if I exercise an option to renew with uncertain rent?
I am a commercial lease tenant. My primary term is ending and I going to exercise the option to renew. However, the option to renew in the original lease is very scant. The exact language
Asked on August 7, 2016 under Real Estate Law, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
You are only locked into the existing rent if the lease states that rent will continue as was during any renewal terms. Otherwise, the fact that the lease renews does not commit the landlord to offering you the same rent, and a landlord may seek rent increases on lease renewals when not prevented from doing so by the terms of the lease itself.
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