Rent Increase Letter Template
Date: __________________________
To: __________________________
Tenant Name: __________________________
Property Address: __________________________
Dear __________________________,
I hope this letter finds you well. I want to take a moment to express my gratitude for being a valued tenant in our property located at __________________________. We appreciate your cooperation and timely rent payments.
As of __________________________, I must inform you of an upcoming rent increase. This adjustment is necessary due to factors such as increased property expenses, market conditions, and compliance with relevant legislation. Under the laws of the state of __________________________, this notice adheres to the required notice period for notifying tenants of a rent increase.
Your new monthly rent will be: __________________________. This change will take effect on __________________________.
Key points to keep in mind:
- The new rent amount and date of effect.
- Continued compliance with lease agreements and state regulations.
- The importance of maintaining open communication regarding any questions or concerns.
If you have any questions about this rent increase, please do not hesitate to reach out. I am here to assist you and ensure a smooth transition. I appreciate your understanding and continued residency.
Thank you for your attention to this matter.
Sincerely,
______________________________
Landlord Name: __________________________
Contact Information: __________________________