Increases of Rent
Rent without specific provision under an assured, periodic tenancy cannot be increased within 52 weeks of commencement, and unless a statutory (implied) periodic tenancy, this may only be increased upon the service of a section 13 Notice in the appropriate form for England or for Wales, however as with general contract law a historic lease amendment or new lease neglecting such a notice before such an increase accepted by the tenant will be deemed to have supervened, preventing the tenant from relying on an earlier contract in not serving a s13 notice. Naturally where fixed term and not periodic, and where a rent review clause exists in the periodic tenancy, contractual arrangements also avoid the need for the section 13 notice. The section 13 notice gives the right to the tenant to challenge the rent set under section 14 before a Rent Assessment Committee where it is unreasonable that the market would charge such a rent, disregarding improvements performed by the tenant to the property where they were not obliged to carry these out.
Read more about this topic: Assured Tenancy
Famous quotes containing the words increases and/or rent:
“Population, when unchecked, increases in a geometrical ratio. Subsistence increases only in an arithmetical ratio. A slight acquaintance with numbers will show the immensity of the first power in comparison of the second.”
—Thomas Robert Malthus (1766–1834)
“The arbitrary division of one’s life into weeks and days and hours seemed, on the whole, useless. There was but one day for the men, and that was pay day, and one for the women, and that was rent day. As for the children, every day was theirs, just as it should be in every corner of the world.”
—Alice Caldwell Rice (1870–1942)