This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.
New Hampshire Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent
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How to fill out Clause Providing For The Periodic Increase In The Tenant Security To Reflect Increases In Base Rent?
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FAQ
Anything that you pay to a landlord in excess of one month's rent is a security deposit. In New Hampshire, a landlord can require no more than $100 or one month's rent as a security deposit. The landlord must give you a receipt for your security deposit.
CPI Based Escalation With this type of rental escalation, your rent rate increases when an established index (such as Variable Consumer Price Index) rises. Often, the index used is the Consumer Price Index. Under indexed escalations, if inflation is 1%, your rent increases by 1%.
An escalator clause (also known as an escalation clause or a laddering clause) is a clause or provision in a lease or contract that allows pricing or wages to be adjusted to account for changing market conditions, such as inflation or tax fluctuations.
A commercial escalation clause is always included in commercial real estate leases. It allows the landlord to increase the rate of your rent ing to a specific timeline or ing to certain triggers included in the clause.
A CPI adjustment clause in a lease is a provision that allows the landlord to increase the rent based on the changes in the CPI. Usually, the clause specifies the base rent, the base CPI, the frequency of adjustment, the maximum and minimum percentage of increase, and the formula for calculating the new rent.
Variable CPI Rent Increase Also known as indexed rental escalation, this type increases the base rent to keep up with inflation.
Generally, the law prohibits landlords from interfering with the tenant's right to quiet enjoyment of the tenancy, which means doing something that substantially interferes with their beneficial use of a rented property, or attempting to circumvent the legal process for evictions.
There is also no law limiting the amount of the increase that the landlord can request. The best way to protect yourself from rent increases is to have a written lease which fixes the amount of the rent for a specific period of time (usually one year). ...
