“Rent increases” can be a challenging aspect of renting for you as an ESL learner. Rent is typically a significant portion of a household budget, and knowing how rent increases work is crucial for financial planning. You need to understand your rights as tenants, including how much notice landlords must give before raising rent, any legal limits on rent increases, and what options they have if they believe a rent increase is unjustified. Today’s vocabulary can help you understand lease agreements, and avoid potentially unfair or illegal rent increases, contributing to your financial stability and peace of mind. Let’s jump right in!

5 TERMS

1. Rent (Noun / Verb): The amount of money paid periodically by a tenant to a landlord for the use of land or property.

2. Increase (Noun / Verb): To become larger or greater in amount, size, or degree.

3. Adjustment (Noun): A small change made to account for differences, often related to prices or conditions.

4. Market Rate (Noun): The average price or cost of renting a property in a specific area, based on supply and demand.

5. Lease (Noun / Verb): A contract or agreement that allows someone to rent a property for a specific period, usually with fixed terms.

ENGLISH RESOURCES

• A special English resource for you: 100 English Words

• Check out today’s practice lessons in the English With Tiffani App

• Watch this English video: Learn 100 Vocabulary Words in 10 minutes