Alaska Provision Calculating the Rent Increase

State:
Multi-State
Control #:
US-OL24017D
Format:
Word; 
PDF
Instant download

Description

This office lease provision states that Base Rent shall be $25.50 per rentable square foot. During the Renewal Term, Base Rent shall be increased by the change, if any, in the Consumer Price Index. In no event will the Renewal Rental Rate be less than the Base Rent.

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FAQ

290. Periodic tenancy and holdover. While rent is current, the landlord or the tenant may terminate a week to week tenancy by a written notice given to the other at least 14 days before the termination date specified in the notice.

Alaska landlords cannot raise the rent during the term of a lease unless the lease specifically allows them to do so. Alaska landlords can raise the rent of a month-to-month tenancy by giving the tenant proper notice (30 days) of the change.

Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period.

(c) A landlord may not abuse the right of access or use it to harass the tenant. Except in case of emergency or if it is impracticable to do so, the landlord shall give the tenant at least 24 hours notice of intention to enter and may enter only at reasonable times and with the tenant's consent.

Regarding raising rent, landlords in Alaska can raise the rent by any amount, but they cannot do so before providing a 30-day written notice for monthly lease agreements. Of course, the tenant can choose to pay the higher rent or move out.

Alaska Statute 14.43. 147 gives ACPE the administrative (statutory) authority to garnish your wages, which does not require a court summons or notice.

Things A Landlord Cannot Do in Alaska Landlords cannot change locks, shut off utilities, or take other "self-help" actions to try to evict you. They have to file eviction cases in court.

A landlord may deliver written notice to terminate the rental agreement for substantial damages or illegal activities conducted on the premises. The notice should contain details of the breach and a notice period between 24 hours and 5 days (§§ 34.03. 220).

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Alaska Provision Calculating the Rent Increase