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Forums in Geneva > Geneva > LDTR - increase in monthy rent by 65%. Is it allowed?
 
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LDTR - increase in monthy rent by 65%. Is it allowed?

Hi,


I've just been offered an apartment for which I would be taking over the current lease (rent is 2166CHF and lease expires at the end of Nov). I would then have to sign a new lease and the Regie has informed me that the rent would increase to 3340CHF. Apparently, the flat was completely renovated just before the current tenant moved in and the rent was set at 2166CHF for 5 years based on the Loi sur les démolitions, transformations et rénovations de maisons d’habitation (LDTR). In Nov the 5 years will expire and the landlord will charge market rate (which has been determined by the Regie to be 3340CHF). I love the flat but a 65% increase is hard to stomach. Does anyone have any experience with LDTR apartments? Is this type of increase permitted?


Thanks in advance!

The text you are quoting:

Hi,


I've just been offered an apartment for which I would be taking over the current lease (rent is 2166CHF and lease expires at the end of Nov). I would then have to sign a new lease and the Regie has informed me that the rent would increase to 3340CHF. Apparently, the flat was completely renovated just before the current tenant moved in and the rent was set at 2166CHF for 5 years based on the Loi sur les démolitions, transformations et rénovations de maisons d’habitation (LDTR). In Nov the 5 years will expire and the landlord will charge market rate (which has been determined by the Regie to be 3340CHF). I love the flat but a 65% increase is hard to stomach. Does anyone have any experience with LDTR apartments? Is this type of increase permitted?


Thanks in advance!


H JJan 28, 2013 @ 17:41
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Re: LDTR - increase in monthy rent by 65%. Is it allowed?
Post 1

In order to prepare a reply your reader needs to have details on this apartment you are currently eyeing on to. You should provide infos like: building type (old building or 5 year old?)district location, how spacious is the flat and how many bedrooms? elevation/floor.


No tools then no one can reply/compare with existing possible rentals.

The text you are quoting:

In order to prepare a reply your reader needs to have details on this apartment you are currently eyeing on to. You should provide infos like: building type (old building or 5 year old?)district location, how spacious is the flat and how many bedrooms? elevation/floor.


No tools then no one can reply/compare with existing possible rentals.


Milord, Jan 30, 2013 @ 12:43
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Re: LDTR - increase in monthy rent by 65%. Is it allowed?
Post 2

I could suggest you ask for more information from Asloca, its is a renters assistant association. Its very large organization and you just need to pay an annual fee of CHF 50- and you get alot of 'correct advice' from practicing Swiss lawyers. They will help send letters for a minimal cost to ask for more clarification and much more. Good luck because the rental market is very very complicated here. Here is there website and details in Geneva, http://www.asloca.ch/asloca-gen%C3%A8ve


and note that many of there lawyers speak FRENCH, english, spanish, italian, portugese, German. So ask for one that speaks your language.

The text you are quoting:

I could suggest you ask for more information from Asloca, its is a renters assistant association. Its very large organization and you just need to pay an annual fee of CHF 50- and you get alot of 'correct advice' from practicing Swiss lawyers. They will help send letters for a minimal cost to ask for more clarification and much more. Good luck because the rental market is very very complicated here. Here is there website and details in Geneva, http://www.asloca.ch/asloca-gen%C3%A8ve


and note that many of there lawyers speak FRENCH, english, spanish, italian, portugese, German. So ask for one that speaks your language.


Dave G, Jan 30, 2013 @ 13:37
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Re: LDTR - increase in monthy rent by 65%. Is it allowed?
Post 3

http://www.asloca.ch/


 

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http://www.asloca.ch/


 


Dave G, Jan 30, 2013 @ 13:41
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Re: LDTR - increase in monthy rent by 65%. Is it allowed?
Post 4

Yes it is allowed. The % increase is not important, what is important is if it's in line with the market for that area. If you take it you can dispute the amount within 30 days of moving in. It can be a lenghty and expensive process and there is no guarantee of the outcome.

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Yes it is allowed. The % increase is not important, what is important is if it's in line with the market for that area. If you take it you can dispute the amount within 30 days of moving in. It can be a lenghty and expensive process and there is no guarantee of the outcome.


catalin, Jan 30, 2013 @ 14:12
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Re: LDTR - increase in monthy rent by 65%. Is it allowed?
Post 5

Hi Everyone,


I decided to pass on the apartment. Thank you for your input - definitely helpful should I find myself in another situation like this.



 

The text you are quoting:

Hi Everyone,


I decided to pass on the apartment. Thank you for your input - definitely helpful should I find myself in another situation like this.



 


H J, Jan 30, 2013 @ 15:11
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Re: LDTR - increase in monthy rent by 65%. Is it allowed?
Post 6

they have no right to encrease for more then 30%.


 

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they have no right to encrease for more then 30%.


 


Meryame M, Jan 30, 2013 @ 17:09
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