Hi,
I am renting in Redfern for 3-4 years now. Until now, I received periodical rent increase (12months).
Last rent increase (effective date) was 7 Jan 2016. Today I received email that my rent will increase again with effective date of 7 Nov 2016. I thought was a 12-month interval between increases and I asked the agency.
Their reply is:
"According to NSW law, 6 months must pass between the rent increase.
Notice of a rent increase
If the fixed term period of your lease has ended and you are on a continuing (periodic) tenancy the landlord may increase the rent by giving you at least 60 days notice in writing before the date the increased rent becomes payable. The notice must:
· specify the proposed new amount of rent (not the amount of the increase) and
· specify the date from which the increased rent is payable and
· be signed, dated and properly addressed to you.
If you have entered into a tenancy without having a written agreement in place, the rent cannot be increased during the first 6 months.
If you are renewing a tenancy agreement for a further fixed term, the rent cannot be increased automatically. You must still be given 60 days written notice before the rent increase can take effect."
Question: Are they right under property law?
I am renting in Redfern for 3-4 years now. Until now, I received periodical rent increase (12months).
Last rent increase (effective date) was 7 Jan 2016. Today I received email that my rent will increase again with effective date of 7 Nov 2016. I thought was a 12-month interval between increases and I asked the agency.
Their reply is:
"According to NSW law, 6 months must pass between the rent increase.
Notice of a rent increase
If the fixed term period of your lease has ended and you are on a continuing (periodic) tenancy the landlord may increase the rent by giving you at least 60 days notice in writing before the date the increased rent becomes payable. The notice must:
· specify the proposed new amount of rent (not the amount of the increase) and
· specify the date from which the increased rent is payable and
· be signed, dated and properly addressed to you.
If you have entered into a tenancy without having a written agreement in place, the rent cannot be increased during the first 6 months.
If you are renewing a tenancy agreement for a further fixed term, the rent cannot be increased automatically. You must still be given 60 days written notice before the rent increase can take effect."
Question: Are they right under property law?