A proposed legislation in Columbus aims to enhance tenant protections by mandating landlords to provide advance notice of rent increases. As the cost of living continues to rise, the new measure seeks to require landlords to notify tenants at least 90 days before any rent hike exceeding 3%. This initiative is designed to give renters more time to prepare for potential financial changes, allowing them to seek alternative housing options if necessary.
Currently, Ohio law requires landlords to give only 30 days' notice for month-to-month agreements, while tenants on longer leases may receive notice just before their lease ends. The proposed legislation also introduces a "right of first refusal," ensuring that existing tenants are offered the chance to renew their leases 60 to 90 days before expiration.
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Subscribe for Free During the recent Council Housing, Homelessness & Building Committee meeting, council members discussed the importance of this legislation in light of rising eviction rates and significant rent increases that have left many residents vulnerable. Council member Favors emphasized the need for action, stating that the council cannot ignore the growing pressures on residents facing displacement.
However, the proposal has faced criticism from industry representatives, including the Columbus Apartment Association, who argue that the legislation could lead to increased litigation and higher housing costs. They contend that while the intention is to protect tenants, the potential for criminal penalties for landlords who fail to comply could create a chilling effect on rental agreements, pushing landlords to favor month-to-month leases over longer-term contracts.
Despite the pushback, council members remain committed to advancing the legislation, with plans to bring it to a vote by the end of the year. The ongoing discussions highlight the delicate balance between protecting tenants and ensuring that landlords can operate effectively in a challenging economic environment. As the council continues to engage with stakeholders, the outcome of this legislation could significantly impact the rental landscape in Columbus.