Posted by ChrisG on October 17, 2001 at 18:17:33:
In Reply to: No signed lease...wink and handshake instead posted by Jae on October 17, 2001 at 12:20:15:
i used to live month-to-month, and the day i moved out i talked to another tenant and heard the price for 2 bedrooms was going from $1300 to $1600. i got out just in time! without a lease, the LL only needs ot give you 30 days notice to increase the rent, or pretty much do anything, including asking you to move out. it's just not a really secure way of renting, tho it can be helpful for brief periods.
as for a cap on the rent, that would only occur if your place was rent-stabilized. you can check with the DHCR, but there would definitely be a lease if that were the case (otherwise the LL would be pulling a major scam which seems unlikely). the bottom line is the LL can raise the rent to whatever he feels like. too bad he's jacking it up so much. but that seems to be the status quo of williamsburg these days. maybe its time to make that commitment and move in with your girlfriend :^)
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