Rent Increase Letter Template. Typically, a landlord must send this letter to the tenant a specific number of days before the existing rent lease expires. Rental increase letters are written before increasing the rent of a tenant to inform them of it.
Notice of rent increase letter. A landlord can only increase rent if the original lease or rental agreement allows it and the landlord gives the proper amount of time. Please contact me if you have any questions.
The new weekly rental will be $ _____ and will be payable from _____ / _____ / _____.
Stopping by and simply communicating the increase verbally won’t work in your favor should the tenant decide to take legal action. The letter may only be used for month to month rental agreements unless a standard (fixed) lease is expiring then this letter may be given upon its expiration. The preferred starting date of the landlord and the reasons or grounds of the increase will also be specified in the form along with the. It is also important to ensure that the details that you will add on the template are properly and correctly composed.