A new ordinance in Palm Beach County, notice required for terminating monthly and quarterly rentals and rent increases.
There is a new ordinance in Palm Beach County that residential landlords must be aware of. Landlords must give residential tenants at least 60 days’ written notice when terminating a monthly or quarterly residential rental agreement or increasing rent by more than 5%.
Terminating Monthly or Quarterly Tenancies
- For month-to-month tenants, or tenants who pay rent on a quarterly basis, landlords must give 60 days’ written notice to terminate the tenancy
Rent Increase Over 5%
- A residential landlord seeking to increase rent by more than 5% must, at the end of a lease for a specific term or during a tenancy without a specific duration in which the rent is payable on a quarterly or monthly basis, give 60 days’ notice to the tenant
- Within the 60-day period, tenant must either accept the rent increase, reach a different agreement with the landlord, or reject the rent increase
- If the tenant rejects the rent increase, the landlord may increase the rent or require the tenant to vacate
Penalties
- Violators of the ordinance could face fines up to $1,000 per day per violation for a first violation, $5,000 per day per violation for a repeat violation, and up to $15,000 per violation if the violation is found to be irreversible in nature.
The ordinance covers all of Palm Beach County, but municipalities may choose to opt out. The ordinance can be found here- Ordinance No. 2022-027 | Code of Ordinances | Palm Beach County, FL | Municode Library
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This information is provided for educational purposes only and should not be construed as legal advice or representation and should not be relied upon as such. Broward, Palm Beaches & St. Lucie Realtors® cannot provide legal advice or opine about the specifics of your situation.
Source: Realtors
