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Historical data suggest an average annual increase of 2-3%, but this figure may fluctuate based on market trends. Financial considerations for landlords include Wisconsin property taxes, maintenance costs, and the overall profitability of their holdings.
In Wisconsin, both landlords and tenants are legally required to give at least 28 days notice to vacate before the first of the following month, said attorney Nick Toman from the Legal Aid Society of Milwaukee.
(3) Length of notice. At least 28 days notice must be given except in the following cases: If rent is payable on a basis less than monthly, notice at least equal to the rent-paying period is sufficient; all agricultural tenancies from year-to-year require at least 90 days notice.
A rental agreement will be void and unenforceable if it allows the landlord to terminate the tenancy of a tenant for a crime committed in relation to the rental property if it does not also include the new domestic abuse protection language set forth in sec. 704. 14, Wis.
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