Property Management
A Florida property manager wants to increase rents above the lease rate for existing tenants. Under a fixed-term lease, the manager can increase rent:
AAt any time with 30 days' notice
BOnly at the expiration of the lease term✓ Correct
CAfter obtaining FREC approval
DWhenever operating expenses increase
Explanation
During a fixed-term lease, the rent cannot be increased unilaterally. A rent increase can only take effect at the end of the lease term when a new lease is signed or the tenancy converts to month-to-month.
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