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.
West Virginia 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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Code § 37-6-30 requires the landlord to maintain the property in a safe and habitable condition: Delivery: Deliver the property to the tenant in habitable condition. Obey all health, safety, fire and housing codes. Common Areas: Keep all common areas clean and safe (for multiple housing units)
Under West Virginia law, landlords are required to maintain rental housing in a fit and habitable condition from the time of move in until the time of move out. This means a landlord must make sure that rental housing measures up to all health, safety, fire, and housing code standards at all time.
State law prohibits landlords from entering rental housing without either the consent of the tenant or providing reasonable notice in advance, unless circumstances require the landlord to perform emergency repairs.
There is no rent control in Virginia. Therefore, there is no limit on rent increases a landlord can impose, but they must give a 30-day written notice of the increase. If a tenant objects to the new rent amount, they have the right to vacate the unit within that 30-day period.
§37-6-30. Landlord to deliver premises; duty to maintain premises in fit and habitable condition.
2. Timeline Lease Agreement / Type of Tenancy / Rent PaymentTermination Notice to ReceiveWeek-to-week7-Day Notice to QuitMonth-to-month30-Day Notice to QuitYear-to-year90-Day Notice to Quit
Raising Rent ? Landlords in West Virginia may increase the rent to any amount for any reason with no notice. Notice of Entry ? West Virginia does not require notice from the landlord before entering. Repairs ? It is the landlord's responsibility to keep the rental in safe and healthy living conditions.
If personal delivery is not reasonably possible and a deposit or notice mailed to the tenant at his or her last known address or forwarding address provided is returned as non-deliverable, then the landlord shall hold the deposit or notice for the period of six months, to be personally delivered to the tenant, or his ...
