HB2022: Virginia Residential Landlord and Tenant Act; rent increase during tenancy.

Legislative Summary

Virginia Residential Landlord and Tenant Act; rent increase during tenancy; conditions. Provides that a rental agreement shall not contain provisions that the tenant agrees to pay any increase in rent during the term of a written lease unless such increase is agreed to in a separate, written document signed by the tenant and the landlord that includes (i) the new amount of rent to be charged to the tenant, (ii) the date upon which the rent increase becomes effective, and (iii) any additional terms or benefits to the tenant agreed to as consideration for such increase in rent.