This office lease form is a clause regarding all direct and indirect costs incurred by the landlord in the operation, maintenance, repair, overhaul, and any owner's overhead in connection with the project.
District of Columbia Clause Defining Operating Expenses
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US-OL19034B
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FAQ
The Rental Housing Act of 1985, as amended, effective July 17, 1985 (D.C. Law 6-10; D.C. Official Code § 42-3501.01 et seq). (?Act?), provides the statutory framework for the Rental Housing Commission, and the District's rent stabilization program.
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.
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.
(29A) "Rent charged" means the entire amount of money, money's worth, benefit, bonus, or gratuity a tenant must actually pay to a housing provider as a condition of occupancy or use of a rental unit, its related services, and its related facilities, pursuant to the Rent Stabilization Program.
For most tenants, the most that their rent can increase is the CPI-W percentage plus 2%, but not more than 10%. For tenants who are elderly or disabled, the maximum increase in rent charged is the CPI percentage only, but not more than 5%.
It depends. In areas without rent control, ?the sky's the limit,? says New York Law School professor and author Andrew Scherer. ?In unregulated housing, a landlord has the right to ask for whatever rental amount he or she wants,? Scherer says.
A statewide law called AB 1482 governs rent hikes and gets rid of a landlord's ability to evict renters without good reason.
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.
