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Senate committee holds bill requiring 60‑day notice for significant rent increases; committee seeks more stakeholder input
Summary
Senators heard testimony supporting a bill that would require landlords to give 60 days' written notice before terminating month‑to‑month tenancies or imposing rent increases over 5 percent. The committee voted to hold the measure for further review and to invite real‑estate stakeholders and private landlords to testify.
Senators on the Committee on Housing, Transportation and Telecommunications heard testimony May 14 from the Virgin Islands Housing Authority and other stakeholders on bill 36‑0022, which would amend Title 28, chapter 31, to require that residents on month‑to‑month tenancies or ending leases receive 60 days' written notice for either a termination of tenancy or a rent increase larger than 5 percent.
Senator Marvin A. Blyden, the bill sponsor and committee chair, said the measure is intended to reduce housing instability. "Short notice for rent increases and termination of tenancy is a major contributor to…
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