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Old 15.03.2017, 10:45
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Re: Raising Rent from long term Locataires

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Hello,
We are looking for advice on how to legally raise the rent from our long term locataires in Geneva.
We are currently doing some small renovations that includes
- painting the kitchen (I understand this has to be done every 10 years, so its due)
- Sound proofing / Insulating walls and floors to the adjacent house (this was the locataire's request as they usually complain about thin wall and hearing the neighbours)
-Changing/Updating all of the windows and doors to modern / dbl glazed ones.

Once all of this is done, how do we go on about updating their rent? They currently pay about 500 under the market price around that area.
Do we need a new contract? Do we need to let them know that the rent will go up once renovations are done? Can they refuse to agree with he raise?

thanks for all the info shared here in this forum, it is certainly helping us a a lot.
Your contract will show how the rent can be raised, unfortunately due to interest rate cuts, the rent might fall if recalculated from the date the lease was signed.

500 under does not sound very much TBH. Oh the joys of being a Landlord in CH, my rent increased about 5% after about 7 years & then stayed the same for the next 10 in ZH. I could have asked for a reduction due to interest rate fall.
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