A California landlord wants to increase the rent on a month-to-month tenancy by 12%. Under California Civil Code §827, how much advance written notice must the landlord provide for a rent increase exceeding 10%?
Correct Answer
C) 90 days
Under California Civil Code §827(b), when a rent increase exceeds 10% of the current rent (calculated over the previous 12 months), the landlord must provide at least 90 days' advance written notice. For increases of 10% or less, 30 days' notice is sufficient.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Consideration is something of value exchanged between parties to a contract, making the agreement legally binding. It can be money, a promise to act, a promise to refrain from acting, or anything else of value.
Contingencies are conditions written into a real estate contract that must be met before the transaction can close. If a contingency is not satisfied, the buyer can typically cancel the contract without penalty.
Contract termination occurs when a contract is ended or discharged, releasing both parties from their obligations. A contract can be terminated through performance, mutual agreement, operation of law, or breach.
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