Apartment lease renewal
My question is how much money can be inceased at the renewal of the rental lease of apartment?
I rent an apartment with $675/ a month with $310 of concession when we moved in this apartment. and I got the notice for the renewal of my rental of an apartment. In the letter, they said that they offer $785/month.
I am just wondering if there is any law for the increasement of the money for next renewal of an apartment.