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Thanks
Columbus Underground Messageboard » General Columbus Discussion
Raising Rent Laws in Ohio
[13 posts] [6 contributors]
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gossip
Short North
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Yeah, I didnt see anything in there about that at all.
Some ppl in my building pay more than TWICE what I pay (they get semi furnished apts but really they are paying $1500 more then me) and I am little worried that I'll be out of a place come resigning time.
...looks like I may be moving out to the burbs if that happens.
Posted 4 years ago # -
Mercurius
First Avenue
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http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html
Play with this. It is interactice, so make sure to play with the appreciation and rent scale and see how the graph changes. If you are living in SN (I call IV,VV and HW all the SN) OTE, or Franklinton it is in your best interest to buy, even if you are planning on moving in a few years.
Posted 4 years ago # -
Daz
Tweeting about some totally unimportant event
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Mercurius wrote Mine comes out to buying is better if I plan on living where I do for about 1.5 years. Amazing that anyone is renting!
Exactly. As soon as I find out how if we're living here for more than 5 years, we're buying.
Posted 4 years ago # -
Pro Se
OTE-Franklin Park
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Unfortunately, the Ohio Revised Code contains no provision for "rent control". The only law that applies on this point is good ol' contract law which basically allows parties to a contract to negotiate whatever terms they would like, save for certain inherently unconscionable covenants. You should know, however, that if your landlord gives you notice before the expiration of the lease that the rent will be increased for the new lease period and you do not vacate, you are automatically assumed to have agreed to stay at the new rate.
Hope this helps.
Mark
Posted 4 years ago # -
luchobucho
Philadelphia, PA
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that stinks. I'm pretty sure new jersey and pennsylvania have some bill of renters rights and one fo them is that you can't raise the rent more than a certain percentage each year.....or something like that.
EDIT: well, not a percentage...but you can't raise it so high as to be unreasonable.
Posted 4 years ago # -
Walker
The KLD / Downtown
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gossip wrote ...looks like I may be moving out to the burbs if that happens.
Yours is the first case I've heard about that hasn't been in the burbs. I know quite a few people who have lived in apartment complexes where they had all sorts of rent-rising stipulations with their landlords. One place wanted a re-signing of the lease several months before it ran out or would jack the rent up several hundred dollars for waiting to resign in the last month. :shock:
So yeah, I guess you just have to watch for this stuff wherever you go.
Posted 4 years ago #
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