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$2.95MAY 20224 Market Fundamentals Affecting Your PropertiesPage 4Communicating Well With TenantsMaintenance Checklist to Prepare for SummerPage 14Page 15PORTLAND VANCOUVERrentalhousingjournal.com
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Identify and analyze historical rent trends in your area.
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Rent growth refers to the increase in rental prices for residential or commercial properties over a specific period.
Landlords or property owners who experience an increase in rent for their properties are generally required to file rent growth information.
To fill out the rent growth form, property owners must provide details such as the previous rent amount, the new rent amount, and the dates of the rental period.
The purpose of filing rent growth data is to track and report the changes in rental prices for economic analysis and regulation purposes.
Information including the address of the rental property, names of tenants, previous and current rent amounts, and effective dates of the rent changes must be reported.
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