The Act on Protection of Tenants’ Rights stipulates that the landlord has the right to increase the rent once every six months. Landlord must remember about certain requirements:
- Art. 8a. 1. of the Act states that the owner may increase the rent or other fees for property use by giving notice of its current amount, at the latest at the end of the calendar month.
- There is a three-month notice period for the rent amount unless the parties agree on a longer period in the contract
- The notice must be made in writing, otherwise, it is null and void.
Read more on rules and recommendations for increasing the rent price.