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.
Connecticut Provision Calculating the Rent Increase
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US-OL24017D
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(d) A landlord may not enter the dwelling unit without the consent of the tenant except (1) in case of emergency, (2) as permitted by section 47a-16a, (3) pursuant to a court order, or (4) if the tenant has abandoned or surrendered the premises.
Connecticut saw the third largest decrease in rent price growth in the country in the last few months, behind New Hampshire and Louisiana, ing to the study. The median rent in Connecticut is $2,000, with a year-over-year cost increase of 1.19%.
No, Connecticut does not have statewide rent control laws limiting the amount that landlords may ask for rent. State law prohibits local governments from establishing their own rent control laws except to establish a fair rent commission that handles complaints and prevents landlords from charging excessive rents.
The Fair Rent Commission law has existed for 50+ years. About two dozen Connecticut towns and cities have Fair Rent Commissions, which require minimal overhead, but cities like Waterbury, Middletown, New London, Meriden, and Norwich still don't have them.
No, Connecticut does not have statewide rent control laws limiting the amount that landlords may ask for rent. State law prohibits local governments from establishing their own rent control laws except to establish a fair rent commission that handles complaints and prevents landlords from charging excessive rents.
The Fair Rent Commission law has existed for 50+ years. About two dozen Connecticut towns and cities have Fair Rent Commissions, which require minimal overhead, but cities like Waterbury, Middletown, New London, Meriden, and Norwich still don't have them.
The past 18 months have seen faster increases in rent prices nationwide and in Connecticut, a result of low vacancy rates, slowed construction and overall inflation, experts said.
