Updated over 8 years ago on . Most recent reply

Brandon SturgillPoster
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- Columbus, OH
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Interpretation of Succeeding Lease Terms (Ohio)- Raising Rent
In the acquisition of a property with an existing lease and clause that states rent can be increased in succeeding lease terms (with proper notice), is this a strict interpretation that rent cannot be increased in the current term of the lease? Does anyone have experience in this scenario? Were you legally able to increase rents when inheriting a tenant on a 1-yr lease? How did you do it?
- Brandon Sturgill
- 614-379-2017

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