Another rental/contract question... | ExpatWoman.com
 

Another rental/contract question...

138
Posts
EW NEWBIE
Latest post on 21 June 2014 - 11:37
Thank you 2ndBaby. That helps!
20
Posts
EW NEWBIE
Latest post on 21 June 2014 - 11:07
We were in a similar position last year, our apartment was sold and we still had a few months left on our contract. After speaking to Rera they confirmed that the new owner bought our apartment with our current contract because the current contract can not just be discarded which meant during renewal the new owner had to renew on the current terms, which meant he could only increase the rent according to the current rent and Rera calculator. So the new owner can't just give you a new contract with any amount that he likes. If in doubt contact Rera they really helped us because the new owner definitely tried to up the rent a lot. Hope this helps
138
Posts
EW NEWBIE
Latest post on 21 June 2014 - 09:11
We have just found out that the apartment we live in has been sold to a new owner. The management company has told us to contact this person as our contract ends September 1st. I just want to make sure I am aware of our rights before we speak to him. Can he increase our rent? Does he have to honor the current contract? Please, any advice would be aprreciated. TIA
 
 

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