How long must a landlord wait until rent can be adjusted to reflect an increase in property taxes and utility costs?
A. Six months.
B. Until the second anniversary date of the current lease.
C. Until the expiration of the lease, unless otherwise stipulated.
D. Forever, because it is illegal to pass on increases in property taxes and utility costs.
Unless the lease provides for rental adjustments necessitated by increases in property taxes, utility costs or other operating expenses, or unless there is provision for a rent adjustment in the lease, the contract rent cannot be changed until the expiration date of the lease.
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78310 Points
Educating realtors for 20 years
Exam Details
West Virginia Specific Sales Agent Real Estate Exam.
Taken: 3,570 times
Added: 9/18/2008
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