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Rent Increase

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1 Rent Increase on Sat Jan 31, 2015 11:42 am


Arresto Menor
Hi All,

We are about to rent a house in Cebu City for Php 5000 monthly. A contract has been shown to us and we have not signed it yet. However, it says on the contract that after one year upon renewing the contract, the rent increase will be 10% more.

According to the Republic Act (RA) No. 9653 - Rent Control Act of 2009 that has been extended until December 31, 2015, the annual increase should not exceed 7%, am I correct?

And we were also not informed if the 2 months deposit will be deposited to the bank and it's interest should be accrued or returned to us.

Can you please help clarify regarding my concern.

Thank you!

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2 Re: Rent Increase on Sat Jan 31, 2015 10:20 pm


Reclusion Temporal
pabasa mo na lang sa kanya ang batas...kung di po nya maintindihan or di nya kaya sundin better look for another property to rent

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