Are there laws that protect a tenant from excessive rent increases?
Yes, there are laws in North Carolina that protect tenants from excessive rent increases. According to North Carolina General Statute § 42-250.1(a), when a landlord increases the rent for a tenant, it must provide written notice at least thirty (30) days before the increase is to take effect. If the new rent is more than ten percent (10%) higher than the current rent, the tenant can choose to cancel the lease at the end of the current rental period. This law is in place to protect tenants from unreasonable increases in their rent. In addition, the North Carolina Tenant Protection Act of 2019, which went into effect January 2020, requires a landlord to provide notice of a rent increase at least thirty-five (35) days before the increase is to take effect. If the new rent is more than ten percent (10%) higher than the current rent, the tenant can choose to terminate their tenancy at the end of the current rental period. In North Carolina, rent increases must comply with state laws and be considered reasonable. Tenants have several laws in place in North Carolina that help protect them from excessive rent increases and provide them with the right to terminate their lease if the rent increase is too high.
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