Annual Rent Increase Clause Samples
The Annual Rent Increase clause establishes the landlord's right to raise the rent on a yearly basis according to a predetermined method or percentage. Typically, this clause specifies the timing of the increase, such as on the anniversary of the lease start date, and may tie the adjustment to a fixed percentage or an external index like the Consumer Price Index. Its core function is to provide a clear, predictable framework for rent adjustments, helping both parties anticipate future costs and avoid disputes over unexpected rent hikes.
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Annual Rent Increase. For other than month-to-month rentals, the rent shall increase annually on July 1 of each year, but not decrease, based on the previous calendar year’s Consumer Price Index (“CPI”). The CPI will be calculated on the difference between January of the prior year and January of the current year. The adjustment will be the increase in the CPI using the All Urban Consumers (CPI-U), U.S. City Average, CPI--All Items Index as published by the Bureau of Labor Statistics of the United States Department of Labor. If the CPI is no longer being published, then the Index shall be the figure reported in the U.S. Department of Labor's most recent comprehensive official index then in use and most nearly answering the description of the CPI. All sums resulting from the computation of annual lease fees shall be rounded up to the nearest whole dollar.
Annual Rent Increase. On the first anniversary of the Commencement Date, and each anniversary thereafter, the Base Rent shall be increased by the current County Adjustment Factor. This will determine the new “Base Rent” for the new year. The County "Adjustment Factor" shall be a percentage calculated as follows: Beginning January 1, 2023, and every three (3) year period thereafter, the annual rent increase shall be determined by calculating the average annual California Consumer Price Index for all areas and all consumers as reported by the State of California, Department of Industrial Relations ("CPI"), for the preceding three (3) years, with the resulting adjusted CPI applied for that year and the two (2) years that follow. However, the Adjustment Factor shall not be less than one percent (1%) nor more than six percent (6%). The rental amount rate schedule for this Lease through December 31 of the year preceding the next Adjustment Factor calculation date is set forth in Exhibit “C” attached hereto and incorporated herein.
Annual Rent Increase. On the first anniversary of the Commencement Date, and each anniversary thereafter, the Base Rent shall be increased by the current County Adjustment Factor. This will determine the new “Base Rent” for the new year.
Annual Rent Increase. The Lease is amended to provide that, commencing on October 1, 2024, Rent shall increase by three percent (3%) over the Rent paid during the previous year and on an annual basis thereafter.
Annual Rent Increase. Base Rent shall increase each Lease Year, effective on the Anniversary Date of the Commencement Date, by an amount equal to the Annual Rental Increase, as set forth in Section 1.1.
Annual Rent Increase. The annual increase will be set at 2.5%, starting May 1st 2021. Therefore, the following annual Rent will apply starting at the 1st of May of each consecutive year: 2021-$5,000/month per acre 2022-$5,125/month per acre 2023-$5,253.12/month per acre 2024-$5,384.44/month per acre 2025-$5,519.05/month per acre 2026-$5,657.02/month per acre 2027-$5,798.44/month per acre
Annual Rent Increase. Tenant shall pay an annual Minimum Rent in an amount increased over the amount charged during the immediately preceding Lease Year pursuant to the Second Addendum, commencing with the Second Lease Year and continuing on each annual anniversary thereafter throughout the Term and any extension or renewals thereof, payable in equal monthly installments (of one-twelfth of the annual amount of Minimum Rent so computed), payable without notice, demand, deduction, or set-off whatsoever.
Annual Rent Increase. Tenant agrees to pay to Landlord a 2.5% increase in base rent excluding electric, in each and every year, commencing on the first day of the third (3rd) anniversary of the Possession Date and continuing on each anniversary thereafter for the term of the Lease. The increase will be compounded and cumulative. Example: Annual Base Rent: $10,000.00 (Year 1) Increased Annual Base Rent: $10,000.00 x 2.5% = $250.00 + $10,000.00 = $10,250.00 (Year 2) Increased Annual Base Rent: $10,250.00 x 2.5% = $256.25 + $10,250.00 = $10,506.25 (Year 3)
Annual Rent Increase. The Landlord may, but shall not be required to, increase the Base Rent by no more than two percent (2%) each year (the “Annual Rent Increase”), beginning on the first anniversary of the Effective Date, and continuing each calendar year throughout this Lease’s Term. The Annual Rent Increase percentage shall accumulate each year, regardless of ▇▇▇▇▇▇▇▇’s decision to forego any prior Annual Rent Increases.
Annual Rent Increase. The Annual Rent for years six (6) through ten (10) shall increase to $15.00/RSF effective the first day of the sixty-first (61st) month of lease term.