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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesCalculating the rent deposit when raising the rent
Freeman Schultz's profile image
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Freeman Schultz
  • from long island, new york
  • Member since Oct 5, 2015
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Freeman Schultz's profile image
Freeman Schultz's profile image
Freeman Schultz
  • from long island, new york
  • Member since Oct 5, 2015
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Freeman Schultz
  • long island, NY
10
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101
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General Landlording & Rental Properties

Calculating the rent deposit when raising the rent

Freeman Schultz
  • long island, NY
Posted Feb 18 2016, 17:22

How do you calculate the rent deposit when you have raised the rent. Let's say you do a lease renewal for a tenant and you raise the rent by 10%. Is the tenant required to provide that 10% to the rent deposit?

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