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For the period of March step 1, 2025, in order to March twenty-eight, 2026, the desired interest are 5.0percent—a little off in the 5.2percent rates put the previous year. Yet not, if the landlords love to, an identical regulations use—the new tenant receives the desire attained with no allowable step 1percent percentage. The newest property manager must choose between the 2 methods of commission and you may alert the fresh occupant in writing. The town’s Rent Modifications Percentage ratings and you can establishes that it speed a year. To own 2025, the city features put the desired rate of interest at the 0.01percent.
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