District of Columbia Extension of Primary Term of the Lease

State:
Multi-State
Control #:
US-OG-793
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

Raise Rent in Maryland There are currently no restrictions on rent increases in the state. It may surprise you to learn that Maryland is not the only state in the union without statewide rental control laws.

All landlords must avoid increasing the rent during the lease term (unless the lease agreement allows for it), out of discrimination of district or federally-protected classes, or in retaliation. Landlords must give 30 days' notice before any rent increase.

A lease extension refers to a legal agreement that extends the term of an existing lease or rental agreement. Extensions are not a requirement in a business relationship but are often granted just before an original agreement is set to expire.

For a two-year lease beginning on or after October 1, 2023, and on or before September 30, 2024: For the first year of the lease: 2.75% For the second year of the lease: 3.20% of the amount lawfully charged in the first year, excluding any increases other than the first-year guideline increase.

The federal Fair Housing Act protects tenants who have such physical or mental impairments against eviction. It does so by requiring the landlord to make ?reasonable accommodations,? including for example ?heavy-duty housecleaning? to cure housing code violations, or assistance from a social worker in paying the rent.

In general, a tenant's rent should not go up by more than 8.9% this year, unless the housing provider has special approval. If a tenant is 62 or older or has a disability, the rent should not go up by more than 5%, unless the housing provider has special approval.

Breaking a Lease Early in Washington D.C. In Washington, D.C., a tenant can end a fixed-term lease early, without penalty, if one of several conditions is met, such as a privacy violation by the landlord.

- After the initial lease term expires, the tenant has the right to continue the tenancy indefinitely on a month-to-month basis under the same terms, except for lawful rent increases.

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District of Columbia Extension of Primary Term of the Lease