Synopsis
This Act establishes a formula for rent increase based on capital improvements and clarifies that community owners may recoup certain capital costs as increased rent without increasing base rent in perpetuity.
AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO RENT JUSTIFICATION.
This Act establishes a formula for rent increase based on capital improvements and clarifies that community owners may recoup certain capital costs as increased rent without increasing base rent in perpetuity.