Hi, I'm in the process of negotiating a sublet into the assignment of a new lease. The landlord says he'll do the assignment but wants me to pay more than the 20% increase for a new lease. Is this even close to legal?
Thks
J
Moderator: TenantNet
by Jasmine » Fri Nov 01, 2002 1:58 pm
by consigliere » Fri Nov 01, 2002 3:09 pm
by Jasmine » Fri Nov 01, 2002 3:53 pm
by Jasmine » Mon Nov 04, 2002 10:59 am
by consigliere » Mon Nov 04, 2002 12:43 pm
by Jasmine » Mon Nov 04, 2002 1:06 pm
by Cranky Tenant » Mon Nov 04, 2002 1:55 pm
My understanding is that the LL can get a 6% increase for a 2 year lease so the total would be 26% not 20.6%Am I correct in saying the the LL can add an additional .6% on to the increase? So for a ne 2year lease the without any renovations the maximum increase is around 20.6%
by Cranky Tenant » Mon Nov 04, 2002 7:44 pm
by consigliere » Tue Nov 05, 2002 9:40 am
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