Minnesota Provision Calculating the Rent Increase

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

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.

How to fill out Provision Calculating The Rent Increase?

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FAQ

The landlord can't change the locks, shut off your utilities, move your property outside, take off or board up doors and windows, or do anything else to make you leave. The landlord can ask or tell you to move, but a landlord cannot force you to move unless they go to court.

Verbal threats, threats of physical violence, or actual physical contact are all examples of landlord harassment. Also, keep in mind that verbal threats can occur via face-to-face interaction, over the phone, or in writing.

To be clear: only a law enforcement officer can physically evict a tenant. The landlord cannot. A Writ of Recovery ?which is issued at the time the decision is handed down?must be provided at least 24 hours before the actual eviction.

Except as provided in subdivision 4, a landlord may enter the premises rented by a residential tenant only for a reasonable business purpose and after making a good faith effort to give the residential tenant reasonable notice under the circumstances of the intent to enter.

: Ordinance takes effect requiring landlords to limit residential rent increases to 3% in a 12-month period or request an exception.

Right To Privacy. A landlord may not enter your apartment unless they have a business reason to enter AND they have given you notice. This rule does not count in an emergency. You should not make it hard for the landlord to enter if they need to make repairs.

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Minnesota Provision Calculating the Rent Increase