Post: Terminal Month's Rent

Posted by Rose on 8/10/07

We have a current tenant that signed a one year lease over
10 years ago that included a stated amount, $700.00, her
original rent, as the terminal month's rent deposited. She
is now on a month to month. Since then, her monthly rent
has been progressively increased to $900.00 over the past
10 years. Our unit is in a rent control area and all the
increases followed the guidelines of the rent control
rules. Does this originally deposited amount, $700.00,
represent the maximum that we can charge her for the last
month she will occupy the unit, in which the rent is
currently $900.00? Are we permitted to collect the
difference of $200.00 now to be placed with her original
security deposit of $400.00. What notice do we need to
give the tenant that she needs to increase her last month's
rent deposited (if we can legally do so?).

Posts on this thread, including this one

Terminal Month's Rent, 8/10/07, by Rose.

Re: Terminal Month's Rent, 8/10/07, by Rose.