Rent control policies do not exist in Nevada, which is not outside of the norm. However, the state also doesn't preempt rent control as others may. The general flow of things can be captured in a simple equation. Once there is sufficient written notice given, landlords are free to set rent or increase it at will.
Even with this knowledge, property management requires that a rental agreement and all subsequent behavior remain in alignment with expectations. For example, you would refer to Nevada security deposit laws to learn how to treat them.
With that said, here is a quick look at how payments for rental properties work in Nevada.
Increase Rent Nevada
The stipulations guiding how a rental property is treated should be covered in the lease agreement. This means that a hike in rent payments is not allowed during the tenure of the rental agreement.
Instead, when the lease ends, the landlord can move to increase rent as desired for the renewal to take place. Note, however, that once the landlord or his or her agent provides appropriate authorities notice, an at-will tenant can see an increase at any time.
Illegal Cases
The guiding principles for increasing rent here come from the Federal Fair Housing Act. It prevents an increase in rental payments for discriminatory reasons. This means that increases are not allowed to be based on familial status, religion, disability status, origin, nation, age, or race.
Additionally, rent increases should never be retaliatory. For example, if a landlord fails to maintain health and safety standards and the tenant files a complaint with the relevant authorities, a landlord may not increase rent in response to this.
Maximum Rent Increase
The lack of rent control means that there is no law regulating the amount by which landlords in Nevada are allowed to increase rent.
Proper Notice
For a periodic tenancy that is less than a month, a Nevada landlord must provide a 15-day written notice before moving to raise the rent. Additionally, if there is a monthly "at will" tenant on the premises, a 45-day notice must be provided.
Raising Rent Frequency
There is currently no regulation that limits the number of times a landlord in Nevada can move to increase rent.
Dillon Rule
As you're likely now acutely aware, no rent control statute guides the state of Nevada. Instead, it is what you'd call a "Dillion Rule" state.
What this means is that the state differs certain matters to local municipalities, which can then deal with them as they see fit.
County commissions are even granted the power they need by the state to adequately address matters that fall under the umbrella of local concern.
Of course, this will only apply if there are no legislative principles established at either the federal or the state level.
Final Remarks
There's a lot to stay on top of as a landlord from a legislative standpoint. Knowing how to deal with a tenant who decides to withhold rent and addressing matters concerning security deposits are prime examples.
While some of it is handled by laws, other elements must be carefully accounted for in lease agreements, which is why it's important to have comprehensive ones.
If you want access to this and other essential forms for landlords in Nevada, you may download them from Doorloop here!
FAQs
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Is It Fair For a Rental Payment to Be Increased two Months in a Row in Nevada?
This would depend on the situation and what the lease agreement has to say. In general, an increase cannot take place during a lease tenure.
What if the Check a Tenant Provided Bounced? What Are the Guiding Principles for the Amount that May Be Charged for This?
No. The only requirement is that the applicable fees be in the lease agreement.
Can a Landlord Choose a Random Late Fee Whenever a Tenant Fails to Pay Rent on Time?
The fee cannot be random as whatever is in the rental agreement must be applied.
What Bases Are Not Allowed for the Raising of Rent in Nevada?
Any discriminatory bases are prohibited under the Federal Fair Housing Act. These include reasons such as age, race, nation, familial status, and more.