Common use of RENT INCREASE Clause in Contracts

RENT INCREASE. We will increase the rent every year on the anniversary of the tenancy start date in line with any increase in the Consumer Prices Index (CPI) over the last complete period of 12 months for which CPI figures have been published at least ten working days before that anniversary. Should the Consumer Prices Index decrease to a negative percentage the rent will remain at the same figure for the subsequent 12 months as has been paid in the preceding 12 months. On the expiry of this fixed term agreement, regardless of the length of tenancy, the rent for any subsequent tenancy shall be in line with the then market rent of the Premises.

RENT INCREASE. We will increase the rent every year on the anniversary of the tenancy start date in line with any increase in the Consumer Prices Index (CPI) over the last complete period of 12 months for which CPI figures have been published at least ten working days before that anniversary. Should the Consumer Prices Index decrease to a negative percentage the rent will remain at the same figure for the subsequent 12 months as has been paid in the preceding 12 months. On This shall apply only to 24 month and 36 month tenancies. Where the expiry of this fixed tenancy is for a 12 month term agreement, regardless of the length of tenancy, only the rent for any subsequent tenancy shall be in line with the then market rent of the Premisesproperty.

RENT INCREASE. We will increase the rent every year on the anniversary of the tenancy start date in line with any increase in the Consumer Prices Index (CPI) over the last complete period of 12 months for which CPI figures have been published at least ten working days before that anniversary. Should the Consumer Prices Index decrease to a negative percentage the rent will remain at the same figure for the subsequent 12 months as has been paid in the preceding 12 months. On the expiry of this fixed term agreement, regardless of the length of tenancy, the rent for any subsequent tenancy shall be in line with the then market rent of the Premisesproperty.