Rent Increase Letter Template
Date: _______________
From: _______________ (Landlord's Name)
Address: _______________
City, State, Zip: _______________
To: _______________ (Tenant's Name)
Address: _______________
City, State, Zip: _______________
Dear _______________ (Tenant's Name),
According to the rental agreement and applicable laws in the state of _______________, this letter serves as a formal notice to inform you of a rent increase. Please note that this adjustment is made following the guidelines outlined in the appropriate state laws.
Your current monthly rent of $_____________ will increase to $_____________ effective on _______________ (effective date of the increase).
The reasons for this increase include:
- Increased property maintenance costs
- Rising property taxes
- Improvements made to the property
This notice is provided in accordance with state law, which requires that tenants receive at least _______________ (number of days) days' notice before a rent increase takes effect.
If you have any questions or concerns regarding this increase, feel free to contact me at _______________ (phone number) or _______________ (email address).
Thank you for your understanding.
Sincerely,
__________________________ (Landlord's Signature)
__________________________ (Landlord's Name)