Title
CASE 1201 - 1566 Lincoln Ave., Apt. A
Body
1. CASE NUMBER: 1201
2. ADDRESS: 1566 Lincoln Ave., Apt. A
3. UNIT STATUS: Non-exempt unit subject to a non-binding decision regarding the amount of the rent increase.
4. BASE RENT: $2,100.00 for a 1-bedroom unit; includes gas, water, garage, sewer, HOA, landscaping.
5. RENT INCREASE OFFER(S): $100.00 (4.8%), to a total rent of $2,200.00, effective January 1, 2019
6. PAST INCREASE(S): Effective 2017: $100.00 (5.0%)
Effective 2015: $150.00 (8.1%)
7. TENANCY BEGAN: 1999
8. CONCERNS:
Landlord provided the following:
• Right to request a just and reasonable rate of return on the property.
• Income from this property forms part of landlord’s income in retirement.
Tenant provided the following:
• There have been significant past increase that have raised the rent 83% since tenancy began.
• Requested increase poses a financial hardship due to limited income and unexpected expenses.
• Believes an increase in line with the Consumer Price Index would be appropriate.
Exhibit 1) Form(s) submitted by Landlord
Exhibit 2) Form(s) submitted by Tenant