New Rules Apply To Rent Increase, Lease Termination.
BY: STAFF REPORT | BocaNewsNow.com
BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2022 MetroDesk Media, LLC) — Landlords raising rent five percent or more — or planning to terminate an existing lease — must provide tenants with two months notice. The new rule is expected to take effect in September.
The Palm Beach County Board of County Commissioners unanimously approved the new rules this week. However, there are significant exemptions and carve-outs depending on where the apartment complex or rental unit is located. Cities with their own governments, such as City of Boca Raton, City of Delray Beach, or City of Boynton Beach, can opt-out of the new requirement or create their own. Units located in “unincorporated” sections of Palm Beach County will have to comply.
The folllowing is the official announcement from Palm Beach County Mayor David Weinroth:
Palm Beach County Mayor Robert Weinroth announced today that the Board of County Commissioners has unanimously approved revisions to the county ordinance pertaining to notices provided to tenants on residential rental increases and lease terminations.
The revised ordinance will require property owners and/or landlords provide tenants with a 60 day notice for a lease termination and/or rental increase of more than five percent and is expected to be in effect by mid-September.
“Over the past year, the county has experienced a significant increase in rental rates and reports indicate more than half of renters’ households in Palm Beach County have been impacted. I can assure you that the county is addressing these challenges and will continue to do so,” Weinroth said.
Any municipal ordinances in Palm Beach County adopted before or after the adoption would remain in effect, and municipalities can opt out of the provisions.
