Rent Increase Notice Template

Click on image to begin. This letter sent on february 1 2018 marks official notice of our intention to raise the monthly rent from its current rate of 500 per month to 550 beginning on april 1 2018. As a landlord or property manager you may increase rents on rental properties periodically.

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Free Notice Of Rent Increase Form Being A Landlord Room Rental

Rent Increase Letter Template Letter Templates

Coverletterexamples Us Part 30 Rent Increase Sample Letter

Use these sample friendly rent increase letters as templates for your formal rent increase letter.

Rent increase notice template. How to serve rent increase notice. Then calculate the percentage increase you would like to effect. Typically a landlord must send this letter to the tenant a specific number of days before the existing rent lease expires. 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.

Just download rent increase letter sample and rent. A rent increase notice can be used as a written notification to your tenants. It can include details such as the rate of increase and when the increase takes effect. As such landlords should fist know the market rent.

Key elements of notice rent increase letter notice rent increase letter contains some elements and they are discussed below. But before that it is important to mention that if you find yourself in a position of landlord then don t waste your precious time in writing rent increase letter. Here is a simple agreement to use if you are looking to increase the rent on your tenant during the lease renewal. If you do not accept the increase in rent under the terms of this notice your current lease will be terminated on april 1 2018.

You can add your own custom language within the fields. Rent increases are a normal and important part of your rental business but it s far from good news for your tenants making it a chore for landlords. This rent increase notice is one of the requirements of such procedures as it s meant to inform the tenant about the increase. The rent increase letter is a notice provided by the landlord that informs the tenant that the rent will be raised.

Having a standard rent increase notice template on hand ensures you re sending a consistent message and simplifies your workload when renewal time rolls around. This rental payment is due on or before the 5 th day of each month. Notice to increase rent template. It is always recommended that landlords device ways to increase rents without losing their tenants at the same time staying within the legal limitations.

Below is a free notice to increase rent template you can use and update on your own. A landlord may compose a rent increase letter as long as he adheres to specific legal procedures.