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Why do you reserve the right to raise the rental rate anytime within the lease term?
One of the stipulations in our standard lease contract is the following: RENTAL PRICE ADJUSTMENT. The LESSOR has the right to change, modify or adjust the rental price as deemed appropriate or necessary. Such modification will take effect 30 days
What if prospect tenants have counter-offers?
When we have prospect tenants who want to negotiate for a better rate by presenting a counter-offer, we relay the request to the unit owner while we handle the initial negotiation. We first make sure that their counter-offer is reasonable,