Letter To Tenant To Increase Rent. Please be advised that your current lease will expire on [date]. Notice of rent increase letter.
A rent increase letter informs a tenant of an upcoming change in rent. And even many contracts require it. Stopping by and simply communicating the increase verbally won’t work in your favor should the tenant decide to take legal action.
For example, you cannot use a letter.
This notice can be hand delivered or mailed to the tenant. 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. Delivering a rent increase notice After issuing the notice, the tenant has the right to reject the increase and choose to vacate the premises.