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.
Kansas Provision Calculating the Rent Increase
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US-OL24017D
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How to fill out Provision Calculating The Rent Increase?
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FAQ
Limits on Rent Increases 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.
Rent ? Kansas has no legal maximum for what a landlord may charge for rent. There is also no limit on the amount a landlord may raise the rent, but they must provide at least 30 days' notice.
Kansas statute 58-2557 says a landlord has the right to enter the unit during ?reasonable hours? after providing ?reasonable notice? to the tenant.
A Kansas rent-to-own agreement is a document that combines a residential lease and a purchase agreement thereby giving the tenant the option to buy the property. Both parties must agree to the price and conditions before the agreement is signed, and neither can alter these terms once the contract becomes effective.
Kansas rent laws Landlords in Kansas are free to set their own rental rates, as the state does not have rent control laws. If a tenant fails to pay rent on time, landlords are not required to provide a grace period before charging a late fee as rent is considered late a day past its due.
This notice states that if the breach is not solved in the next 14 days, then the lease between the tenant and landlord will end in 30 days. So if you serve or mail a 14/30-day notice to the landlord on the 31st and the problem is not solved by the 14th, then the lease would end on the 30th.
A landlord can evict a tenant for failing to pay the rent due. Rent is considered late in Kansas a day past its due. However, a grace period that gives more time to pay rent due may be available if indicated in the lease/rental agreement.
Kansas law does not limit how much your rent can be raised or how often. Because a rent raise is similar to an eviction, there is one rule. If you have a month-to-month lease, your landlord must inform you, IN WRIT- ING, of a rent raise at least 30 days before the rent date when it is supposed to go into effect.
