What is the percentage that the landlord of a commercial residence can raise per month or year?
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What is the percentage that the landlord of a commercial residence can raise per month or year?
Asked on December 18, 2015 under Real Estate Law, Florida
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
There is no upper limit, by either percentage or in terms of dollar amounts, to the increase that a landlord can get for a commercial rental: they are allowed to charge (or to increase) whatever they like, unless the lease itself limits increases or rent--if the lease does, they have to obey whatever the lease says.
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