Short answer
The parties may agree a calculable rent-adjustment rule in advance. Vague wording such as market-based increases often causes disputes. Indexation, fixed increases and renegotiation are distinct mechanisms.
Practical example
The contract provides for annual increases without an amount. That wording does not necessarily make the owner’s chosen figure binding.
What to do
Specify the starting price, adjustment date, index or percentage, cap and notice. For foreign-currency pricing, clarify lawful payment arrangements and exchange rate. Check whether unilateral changes are authorised.
Legal basis
Georgian Civil Code — Articles 319, 325, 531. Checked on 28 October 2026. The outcome depends on the contract, facts and evidence.
YURFIRMA can review your documents and help prepare the appropriate demand or agreement. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.