We've been renting an apartment in Iloilo City for 15 years. The rental fee for now is P6500. I am aware of an RA that only allows 7% yearly increase until Dec. 2013 as long as the lessee is the same. Now, somebody considered himself the new lessor of the whole 4-door apartment that includes ours, and thus us, a new lessee as well. So he plans to increase our rental from P6500 to P10,000. Is that lawful?
Thanks you and I hope to hear from you soon.
Last edited by cessgonzaga on Fri May 10, 2013 2:09 pm; edited 1 time in total (Reason for editing : grammatical error)