Idaho Provision Calculating the Rent Increase

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

Tenants under a month-to-month lease have to ensure they renew their lease to avoid eviction. A landlord must give the tenant a written notice called a 30-Day Notice to Quit if they do not wish for the tenant's lease to be renewed.

However, there are certain rights established by Idaho law that cannot be avoided by the lease. In brief, these rights include the right to privacy, the right of quiet use and enjoyment, the right to safety and health, the right against discrimination, and the right to possession of the premises.

There are no limits on the number of times or the amount a landlord can increase the rent unless there is a provision in the lease. A tenant can move rather than pay the increase. Idaho Code Section 55-307.

Search Idaho Statutes. 50-208. Duties of treasurer ? Record of outstanding bonds. (1) The treasurer of each city shall be the custodian of all moneys belonging to the city.

There are no limits on the number of times or the amount a landlord can increase the rent unless there is a provision in the lease. A tenant can move rather than pay the increase. Idaho Code Section 55-307.

Section 55-208 - TERMINATION OF TENANCY AT WILL. (2) By the tenant giving notice in writing to the landlord that the tenant will be vacating the premises, on a date as specified in the notice, but not less than one (1) month from the date of notice.

Idaho civil code, Termination of tenancy at will, found at §55-208, provides the landlord may terminate an estate at will by giving the tenant notice in writing, to remove from the premises within a period of not less than one (1) month, to be specified in the notice; or by the tenant providing the landlord written ...

55-209. Termination of tenancy at will ? Rights of landlord.

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Idaho Provision Calculating the Rent Increase