rent increases

[waytogo]

Does this pertain to houses and apartments, or only apartments?

[badpiece33]

Originally Posted by gringobizadvisors

Yes. However, that's not the WHOLE story, because it cannot possibly cover major capital improvements during a multi-year lease.

It depends.

Telling someone to "go read" another post is a waste of time. Better to say nothing than to contribute rhetoric.

But thank god you were there to advise. Sorry, the issue stands still.

Ok why dont you just pay your rent increase while the rest of us who know the rules keep paying our cheaper rates.If you dont like the answers dont post the questions.

[badpiece33]

Originally Posted by MikeFisher

what issue stands still|?
for a raise of the rent there need to be the agreement about the max of 10% per year rent raise between landlord and tenant.
that agreement is not been reached, so the tenant pays still the old rent to the landlord.
if the landlord refuses to accept the payment b/c he thinks he is entitled to more, the tenant can deposit the rent(old amount, not the raised one) to the banco agricular stated by Sr Guzman, that means he paid his rent according to his existing contract and by following all rules.
what the landlord can do aboput it?
he can try to cancel the existing contract, to do so he needs to notify the tenant by written letters about that and there are timeframes etc etc involved to get a punctually paying tenant outtha house.

and the landlord gets a heck to get his rent deposirted at the banco agricula.
Mike

Thanks Mike I didnt have the time earlier this morning to post all of that, I thought people would understand.

[MikeFisher]

ha ha,
great BP,
let's hope it got understood now, lol.
Waytogo,
the answers above been all ment to "Rentals",
iif that rental is a room, a appartment, a piece of a house or a whole house doesn't matter, it is a rental with a prior agreed rate written down in a rental contract for that rental.

just curious,
you are not the same Waytogo who is a destination expert for the punta cana forum on the Tripadvisor travel bord?
the same bordname may be just a coincedence.
happy eve
Mike

[waytogo]

Originally Posted by MikeFisher

ha ha,
great BP,
let's hope it got understood now, lol.
Waytogo,
the answers above been all ment to "Rentals",
iif that rental is a room, a appartment, a piece of a house or a whole house doesn't matter, it is a rental with a prior agreed rate written down in a rental contract for that rental.

just curious,
you are not the same Waytogo who is a destination expert for the punta cana forum on the Tripadvisor travel bord?
the same bordname may be just a coincedence.
happy eve
Mike

Nope, just a coincedence. He's probably younger and better looking.

[TOOBER_SDQ]

Originally Posted by badpiece33

Ok why dont you just pay your rent increase while the rest of us who know the rules keep paying our cheaper rates.If you dont like the answers dont post the questions.

Badpiece. Slow down. There is a valid point here.

If you read what gringobiz' question was, you see that Mr. Guzman's answer could be seen as ambiguous.

The question implied, I think, by gringobiz was.... "How much can the rent be jacked up at the start of a new lease cycle?"

A new lease cycle means a new agreement, which means new terms etc. If the landlord would like to increase the rent in the new agreement I would think that the renter’s options would be either to accept the new terms and pay the new rent OR move out. What is unclear is if there is a third option of not renewing the lease with the new terms thereby SQUATTING on the property, while at the same time making deposits of the old rent value to banco agricular.

The first time I read Mr. Guzman’s response, I interpreted it to mean only that a landlord cannot raise the rent inside the time of a lease cycle.

Do you now see how this can be seen as ambiguous?

[El Rey de Mangu]

Originally Posted by TOOBER_SDQ

Badpiece. Slow down. There is a valid point here.

If you read what gringobiz' question was, you see that Mr. Guzman's answer could be seen as ambiguous.

The question implied, I think, by gringobiz was.... "How much can the rent be jacked up at the start of a new lease cycle?"

A new lease cycle means a new agreement, which means new terms etc. If the landlord would like to increase the rent in the new agreement I would think that the renter’s options would be either to accept the new terms and pay the new rent OR move out. What is unclear is if there is a third option of not renewing the lease with the new terms thereby SQUATTING on the property, while at the same time making deposits of the old rent value to banco agricular.

The first time I read Mr. Guzman’s response, I interpreted it to mean only that a landlord cannot raise the rent inside the time of a lease cycle.

Do you now see how this can be seen as ambiguous?

I wasn't going to respond, but I just have to:

This is correct. As well, my question was a point trying to get across. I was not seeking advice on the matter.

The irony here: Mike Fisher and Badpiece were very happy to make it personal with the typical DR1 expat old-timers "throw out a cheap stab at a poster or replier" which is simply a waste of humanity. It was even said that "I", gringobiz, was not clear on the issue, what that was never in question. Simply take pot shots at a replier. There's value in that!

Mike and Bad, feel free to email. I would love to see how would follow through on this.

[J D Sauser]

GringoBizAdvisor, I think there is one thing you may not have yet come to realize:

- WE value Attorney Fabio Guzman's contributions on this board very much. -

As you may know, Mr. Fabio Guzman, not only heads the offices of the well known law firm Guzman Ariza and also is a paying advertiser on dr1 but also has a long history of having taken time to clear up legal questions as a host, and consultant in a professional manner on this board, pro bono. Given Mr. Guzman's occupation and thus most likely tight time schedule, most here have come to appreciate even his shortest comments.

The subject of rent increases has been discussed here several times, as Mr. Guzman pointed out. I don't think there is anything wrong about inviting the OP and other interested readers to use the search function of this board by indicating the presence of potentially further information.


WayToGo: As I have come to understand from previous discussions on renting real property on this forum, the local law would not differentiate between, house, apartment and EVEN commercial leases.


... J-D.

[El Rey de Mangu]

Originally Posted by J D Sauser

GringoBizAdvisor, I think there is one thing you may not have yet come to realize:

- WE value Attorney Fabio Guzman's contributions on this board very much. -

As you may know, Mr. Fabio Guzman, not only heads the offices of the well known law firm Guzman Ariza and also is a paying advertiser on dr1 but also has a long history of having taken time to clear up legal questions as a host, and consultant in a professional manner on this board, pro bono. Given Mr. Guzman's occupation and thus most likely tight time schedule, most here have come to appreciate even his shortest comments.

The subject of rent increases has been discussed here several times, as Mr. Guzman pointed out. I don't think there is anything wrong about inviting the OP and other interested readers to use the search function of this board by indicating the presence of potentially further information.


WayToGo: As I have come to understand from previous discussions on renting real property on this forum, the local law would not differentiate between, house, apartment and EVEN commercial leases.


... J-D.

Ok, JD, you too.

WHERE does it indicate anything contra the input of Dr. Guzman. You're so way off base here. This is insane. Let's YOU and I go through the Legal Forum together, shall we buddy??

Oh, I already did, looking for valuable info many times. What did I find BESIDES very very helpful comments from Dr. Guzman? A bunch of rhetoric, banter and gossip from many, many other members.

Don't worry pal, This is some failed attempt to put me on the spot in a more serious light by invoking the name of Dr. Guzman.

I have dismissed your comment as well. Please save yourself time in the future and show me empirical data before unhinging the bat cave.

[cobraboy]

Originally Posted by J D Sauser

Others, mainly some misguided local would be landlords, have raised them, arguing that they haven't made a buck in years and now need more .

How true. I suppose Adam Smith didn't have the DR in mind when he formulated his economic theories.

Originally Posted by J D Sauser

Rents have gone up in the past 18 months in some regions hardest hit by the mortgage crisis raging in other countries like the US, where a lot of people lost their homes and had to become tenants. More tenants = higher rents. But that's not an explanation which fits this market here.

... J-D.

Not always the case. My family is deep into the real estate rental market in a couple of US cities.

What we're seeing is an erosion in rental rates because there is a new flood of properties on the market, many former foreclosures. The demand for rentals has increased, but the supply of properties has also increased...and many of them rented at levels ~below~ the former stasis.