How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask CalAttorney2 Your Own Question
CalAttorney2
CalAttorney2, Lawyer
Category: Real Estate Law
Satisfied Customers: 10244
Experience:  I am a civil litigation attorney with experience representing HOAs, homeowners, businesses and others in real estate matters.
71563194
Type Your Real Estate Law Question Here...
CalAttorney2 is online now
A new question is answered every 9 seconds

I've been renting this commercial building 10 years. The

Customer Question

I've been renting this commercial building for over 10 years. The first owner's contract said after 5 years they cannot go up over $50. The new owner went up $50 when the lease was up and now the lease is up again and they hired a property manager and they want to go up $100. Can they do that?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  CalAttorney2 replied 1 year ago.

Generally a lease agreement does not create a cap on rent increases in perpetuity.

However, some commercial leases do limit rent increases for very long periods of time. If your lease agreement does limit rent increases to $50.00 every 5 years (and the lease language is clear and unambiguous), then the clause would be enforceable and you the new owner cannot raise your rent by the additional amount.