Arizona HB2718 regulates rental agreements, tenant rights, and permissible rent increases.
Arizona HB2718 amends the Arizona residential landlord and tenant act to allow landlords and tenants to include terms and conditions in rental agreements, not prohibited by law. It mandates that tenants pay the fair rental value if no agreement exists. The bill outlines procedures for rent payment, property disposal, and handling of tenant's personal property and pets. It also sets a maximum annual rent increase, calculated based on the consumer price index plus an additional three percent, not exceeding seven percent.
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- Impact
- Legal Framework
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