DizzyNarwhal

Query around rental agreement

We are planning to rent an apartment but we want to rent it for minimum 3 years to avoid hassle. So planning to have a minimum 3 years agreement. So two queries around it:

What should be yearly %increase in rent advisable
Even for longer term agreement, owner can give 2 months notice for vacating. So how do we protect against it

Thanks

10mo ago

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BubblyNugget

Stealth10mo

5-10% in hyd

FuzzyUnicorn

Stealth10mo

5% is the standard increase. And 1-2 months of the standard notice period on the agreement but it depends on the owner- tenant relationship by and large.