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A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
Furthermore, the RHA requires rent to be agreed upon for the purposes of a rental agreement. The rent is usually a sum of money, in which case it must be either fixed in a definite sum or fixable by a method or standard, [1]: 907 but may be in some other form, like a certain quantity, weight or measure of fruits or produce, [1]: 907 or a ...
The only aspect of a shorthold which allows the tenant some control over the tenancy is the right of the tenant to refer the rent initially payable to a rent assessment committee, however it can reduce the rent only if it is "significantly higher" than the rents under other comparable assured shortholds. In this unusual scenario, the landlord ...
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