Auburn is considering a new rental law. Here are some of the proposed provisions:
* The ordinance would require housing providers to provide certain information to the tenant with the screening criteria.
* The ordinance would require 120 days’ notice for rent increases of 5% or more and allows the tenant to terminate the rental agreement immediately, without notice, at any time prior to the rent increase taking effect.
* Limits late fees to a total of $10 per month.
* The ordinance contains a COVID-19 specific provision, which prohibits collecting unpaid rent, utilities and other fees incurred from February 29, 2020, through the expiration of a State moratorium.
We are here to help you and your clients with all aspects of the rental market. Please contact us for further assistance!
Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should not rely solely on this information. We encourage our clients to work with a lawyer experienced in commercial and/or residential real estate matters as they can be complicated and confusing.