Common use of Rent Increases Clause in Contracts

Rent Increases. If, during the lease term, taxes (non-property), utilities, governmental fees, or other common expenses paid by Owner increase in any year in excess of ten percent (10%), Owner may increase Resident’s monthly rental amount in a pro-rate amount as stated herein or as otherwise assessed by such entity. Business license fees may be directly passed on to Residents in an amount greater than Owner is assessed.

Appears in 6 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Rent Increases. If, during the lease term, taxes (non-property), utilities, governmental fees, or other common expenses paid by Owner increase in any year in excess of ten often percent (10I0%), Owner may increase Resident’s 's monthly rental amount in a pro-rate amount as stated herein or as otherwise assessed by such entity. Business license fees may be directly passed on to Residents in an amount greater than Owner is assessed.

Appears in 4 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Rent Increases. If, during the lease term, taxes (non-property), utilities, governmental fees, or other common expenses paid by Owner increase in any year in excess of ten five percent (105%), Owner may increase Resident’s monthly rental amount in a pro-rate pro rata amount as stated herein or as otherwise assessed (formula to be determined by such entity. Business license fees may be directly passed on to Residents in an amount greater than Owner is assessed.Owner) with thirty

Appears in 2 contracts

Sources: Residential Rental Agreement, Residential Rental Agreement