“Ask Toni & Maria” is a real estate column written by Toni Gilardi and Maria DiTullio from Elite Boston Landmark Realty. Have them answer your questions in an upcoming column by emailing email@example.com
I own a Condo in the North End that I rent out to a nice tenant. We never signed a lease but she pays rent on the first of the month. I would like to raise her rent to help pay the high real estate tax bill. My question is, when should / can I give her notice of this increase?
Your tenant is considered a “Tenant at Will” (TAW). This tenancy does not have to be in writing but if it were the notice period would be indicated on the contact. That said, without a signed agreement the notice period is thirty days (30). This notice should be given on the anniversary the tenant pays rent. For example, if your tenant pays on the first of every month then that is the day you are required to give her notice.
Hi Toni and Maria,
My Son is looking for an apartment in the North End. He is very busy so I’m trying to help him to no avail. There doesn’t seem to be any one bedroom listings for Sept. What is going on?
I understand your dilemma. We actually saw a flurry of inventory for Sept. at the end of April. They all rented very quickly. But that said, most Landlords in the North End and Waterfront require a 60 day notice. The inventory for that time frame will hit the Real Estate offices the first week in July. We are anticipating a high rent low inventory Season. If you see something you like, grab it!!!!