Changes to the rent. 1. The rent is reviewed once per year; namely, following December 31st (annual statement of accounts). If through the review it is demonstrated that the current running costs have increased (i.e. costs are not covered), or that the costs to be covered by the basic rent are higher than those previously calculated, then the tenant is required to pay a correspondingly increased rent. The landlord will inform the tenant of the nature, the amount and time of the change. Within the process of rental increases, the tenant, or representative student bodies (finance committee of the SSV), are provided with a right of access to the annual accounts.
Appears in 3 contracts
Sources: Tenancy Agreement, Tenancy Agreement, Tenancy Agreement