Rent Adjustment Clause
/ˈrɛnt əˈdʒʌstmənt klɔːz/
Definitions
- (n.) A provision in a lease agreement that outlines how and when the rent amount can be changed during the term of the lease.
The rent adjustment clause allowed the landlord to increase rent annually based on inflation.
Forms
- rent adjustment clauses
Related terms
See also
Commentary
Often included to provide predictability and fairness in lease negotiations, this clause should clearly specify adjustment triggers and formulas to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.