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HB567: relative to notice of rent increases in certain residential rental property.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

Criminal justice and courts Housing and property

Official links

HB 567 - AS INTRODUCED

2023 SESSION

23-0712

05/10

HOUSE BILL 567

AN ACT relative to notice of rent increases in certain residential rental property.


ANALYSIS

This bill requires a landlord of certain residential property to provide additional notice of a prospective rent increase.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

23-0712

05/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty Three

AN ACT relative to notice of rent increases in certain residential rental property.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Actions Against Tenants; Notice of Rent Increase. Amend RSA 540 by inserting after section 2 the following new section:

540:2-a Notice of Rent Increase.

I. No owner of residential rental property shall increase a tenant’s rent unless the owner provides the tenant with not less than:

(a) 30 days written notice in the case of nonrestricted property.

(b) 60 days written notice in the case of restricted property.

II. Notwithstanding paragraph I or RSA 540:2, IV, an owner of restricted property shall provide a tenant with 6 months written notice of any rent increase, or combination of rent increases, that exceeds 15 percent of the rent that was in effect at the time a notice of rent increase is served on the tenant. If more than one notice of rent increase is served within a 6-month period, the 6-month period shall run from the date that the last rent increase notice is served on the tenant.

III. Any tenant who receives notice of a rent increase that exceeds 15 percent of their current rent shall have the right to terminate their existing lease provided that they provide not less than 10 days written notice to the landlord.

2 Effective Date. This act shall take effect upon its passage.