So, I just signed a lease for a new place, that includes the "preferential rent" rider that has been discussed here before.
I think I understand from previous discussions that the landlord has to give us increases based on the "preferential" rent for any future leases. Is this correct? We'd rather not pay a lot of extra money if he decides that the market will bear his "actual" rent next year.
One other minor point--have people seen that the 75% carpeted rule is regularly enforced? We are fine with getting carpets if necessary, but are quiet anyway and like hardwood floors.