Updated almost 5 years ago on . Most recent reply
Month-to-month lease and rent increases (Orange County CA)
Hi all,
I'm currently in an apartment complex in OC and received the documentation for lease renewal end of July. They outline the terms for 12mo as well as month-to-month and are saying if we don't renew we will just be put on a month-to-month lease, in which case the rent will be the same... However, what they don't mention is that month-to-month is subject to rent increases (I confirmed with the leasing office after receiving the letter). I was told that they can increase rents by a max of 5.69% here...
Can someone clarify what this actually means? My specific questions are:
1) how often can landlords increase rent on a month-to-month lease (can they, in theory, increase the rent month over month as long as they're giving notice each time)? Is there a limit or cap?
and
2) is there a max cap that landlords can increase rent by whether month-over-month or over the course of the year?