Panic among real estate investors: rent increase clauses voidable?
The District Court of Amsterdam has ruled in three judgments that agreed rent increase clauses in housing are unfair. As a result, the clauses are annulled and past rent increases are reversed. Also, the rent cannot be increased (again) for the remainder of the term of the lease. This has far-reaching consequences for current leases and the marketability of housing complexes. Reason why it is essential for landlords to carefully formulate (new) rent increase clauses.
