Legal tip 22. Can my landlord increase the rents... suddenly?
Wednesday, December 17, 2008 @ 9:41 AM
Stablishment of rent amounts is on a free basis.
The periodic legal increase of the rent depends on the kind of contract that you have.
For home rentals, there is a maximum during the first five years which is the IPC ( Indice de Precios de Consumo: CPI in English) and there is freedom of rent pricing once those years have passed.
No maximums are legally set for non-home rentals or seasonal rentals.
The increase of rent price cannot be sudden and random.
By Maria L. de Castro
web@costaluzlawyers.es
www.costaluzlawyers.es
