Alaska HB115 restricts rent increases for dwelling units to once per year and mandates 90 days' notice for such increases.

Alaska HB115 amends state law to limit landlords to one rent increase per calendar year for dwelling units. It also requires landlords to provide tenants with at least 90 days' written notice before any rent increase. If a tenant is current on rent and the rental agreement or month-to-month tenancy is terminated, the rent for the new agreement or tenancy cannot exceed the previous amount until the date of the specified increase. This applies to rental agreements entered into after the effective date of the Act.

Alaska HB115 restricts rent increases for dwelling units to once per year and mandates 90 days' notice for such increases.

Alaska HB115 amends state law to limit landlords to one rent increase per calendar year for dwelling units. It also requires landlords to provide tenants with at least 90 days' written notice before any rent increase. If a tenant is current on rent and the rental agreement or month-to-month tenancy is terminated, the rent for the new agreement or tenancy cannot exceed the previous amount until the date of the specified increase. This applies to rental agreements entered into after the effective date of the Act.