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    Victorian Rental Increase

    I'm not a law expert but i guess it means as per what your agent told you (refering to fixed term). I guess the key point would be the "requirement" by the RTA. One of the requirements for 60 days notice to increase rent would be that the lease is not under a fixed term agreement. RTA Sect 44(4)
  2. B

    Victorian Rental Increase

    Glenda, You can't increase the rent on a fixed term lease unless it's specified clearly that the rent will increase to a certain amount. Eg, Lease Start: 1/1/10 Lease end : 31/12/10 Rent: $1500pcm Rental increase: $1650pcm from 1/6/10. There's no need for 60 days notice in this case because...
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