Note that some states have specific rules for handling rent increases. Only use this if you accompany it with another kinder letter or if you talk to the tenants personally about the rent change.
This rental payment is due on or before the 5 th day of each month.
Rent increase letter sample. This rent increase notice is one of the requirements of such procedures as it s meant to inform the tenant about the increase. I would like for you to continue as my tenants but an increase of 75 will be applied to the new lease term. 46 friendly rent increase letters free samples a landlord may compose a rent increase letter as long as he adheres to specific legal procedures.
Sample rent increase letter format. View download the direct pdf file or as a word document. Should you wish to go month to month or to sign a new agreement this new amount would be required.
I want to take a moment and let you know how much i value both of you as tenants. Landlords usually increase their rents because of some economic or financial problems that they are facing. You may make it more formal or a bit more friendly and personal depending on your circumstances and relationship with your tenants.
A rent increase notice is a written document that informs a tenant of the increase in the amount of periodic rent. The sample rent increase letter above is straightforward and simple. A reference to the lease agreement.
Date the letter was written. Date the new rent will be due. This notice is to inform you that beginning on insert date of rent increase the monthly rent for the unit you currently occupy unit insert unit number which is located at insert property address will be increased to insert new monthly rent per month.
State law requires that this notice is provided a certain number of days in advance of the first applicable payment period. Here is a sample rent increase letter template. This where our sample rent increase letter templates can come to your rescue.
This gets the job done but it s not very friendly. Sample 1 friendly rent increase letter name of landlord address of landlord city state zip code date name of tenant address of tenant city state zip code re. Date the rent increase will take effect rent increase amount.
The rent is currently 950 and under the terms of the new lease agreement will need increase to 1 025. A landlord should send this letter before the tenant s current rent duration expires. This is the bare bones version of the rent increase letter.
Always remember though that these notices are not simply communications but also potential evidence. Rent increase notice letter. What is a rent increase letter template.
Notice of rent increase dear name of tenant s. Amount of time the tenant has to give notice if they are not renewing. Through these letter templates you will be able to inform your tenant that you plan to increase the monthly rent of the property these templates will help you in covering all the necessary information in the letter so that there won t be any confusion or dispute regarding the increase in rent.
Rental increase letters are written before increasing the rent of a tenant to inform them of it. Here s a sample of a rent increase letter.
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