I have signed the tenancy agreement with Tenant with 12 months fixed term. Can I review the rent after six months? The agreement said that "Rent may be reviewed in accordance with the Residential Tenancies Act".
Thanks
I have signed the tenancy agreement with Tenant with 12 months fixed term. Can I review the rent after six months? The agreement said that "Rent may be reviewed in accordance with the Residential Tenancies Act".
Thanks
hey david, you cant raise your rent without prior notice to tenant but agreement cn be broken with mutual understanding of both.. yes you have mentioned "Rent may be reviewed in accordance with the Residential Tenancies Act". but it will comes into existance when you make up a new agreement. when you signed the agreement, you agreed to the mentioned terms & rent. for more details, you can talk to the owner - www.nationmaster.com/n/ he will guide you the best.
Regards !
#1