HB 1124 - Residential Rent and Fees
Protecting tenants from excessive rent and related fees by providing at least six months' notice for rent increases over a certain amount, allowing tenants the right to terminate a tenancy without penalty, and limiting late fees.
Sponsors: Peterson, Fitzgibbon, Taylor, Street, Berry, Bateman, Ramel, Doglio, Macri, Simmons, Chopp, Lekanoff, Thai, Bergquist, Stonier, Pollet, Riccelli, Ormsby
Status: In (H) Rules
What the bill does:
- Rent increase greater than 5% require a notice between 180 and 220 days before increase takes effect
- Tenant may terminate the tenancy at any point prior to the effective date of the increase by providing:
- 20 days' notice for a month-to-month or periodic tenancy
- 45 days' notice for a tenancy of a specified period
- Tenant shall only owe pro rata rent through the date upon which the tenant surrenders the premises
- Limits late rental payment fees to the lesser of 10 percent of the rental amount or $75 total.
- Landlord found in violation could be responsible for:
- Actual damages,
- Treble damages, and
- Attorneys’ fees
Latest Action Alert: N/A
Talking Points: N/A
Current Version Changes -The original bill limited late rental payment fees for tenancies covered by the RLTA to $75 total. The substitute bill limits late rental payment fees to the lesser of 10 percent of the rental amount, excluding utility charges, or $75 total and extends the late fee limits to
tenancies covered by the MHLTA.
The substitute bill also excludes any utility charges in calculating the 5 percent threshold for requiring landlord notice and allowing a tenant to terminate the tenancy.