Date: [Current Date]
To: [Tenant’s Full Name]
Address: [Property Address, including Unit Number]
[City, State ZIP Code]
From: [Landlord/Property Management Company Name]
Contact: [Phone Number and Email Address]
NOTICE OF RENT INCREASE
Dear [Tenant’s Name],
This letter serves as formal notification that the monthly rent for your residence at [Property Address] will be increased in accordance with your lease agreement and applicable state/local landlord-tenant laws.
RENT INCREASE DETAILS
- Current Monthly Rent: $[Current Rent Amount]
- New Monthly Rent: $[New Rent Amount]
- Increase Amount: $[Difference] (represents a [percentage]% increase)
- Effective Date: [Date New Rent Takes Effect]
This rent adjustment is necessitated by [brief explanation: e.g., increased property taxes, rising maintenance costs, property improvements, market adjustments, etc.].
PAYMENT INSTRUCTIONS
Beginning on the effective date stated above, please remit the new monthly rent amount of $[New Rent Amount] according to the payment methods outlined in your lease agreement. All other terms and conditions of your current lease agreement remain unchanged.
ACKNOWLEDGMENT
Please sign below to acknowledge receipt of this rent increase notice and return one copy to the management office. Your signature does not indicate agreement to the increase, only receipt of this notice.
Should you have any questions or concerns regarding this rent increase, please contact [Property Manager’s Name] at [Phone Number] or [Email Address].
TENANT ACKNOWLEDGMENT
Tenant Signature: _______________________________ Date: _______________
Print Name: ____________________________________
IMPORTANT RENTAL INFORMATION
- This rent increase complies with [Local Jurisdiction] rent control ordinances and regulations.
- Your current lease expires on [Lease Expiration Date].
- This notice is being provided [X] days in advance as required by [state/local] law.
- If you choose not to accept this rent increase, please provide written notice of your intent to vacate the premises at least [X] days before the effective date, as required by your lease agreement.
[Landlord/Property Management Company Name]
[Address]
[City, State ZIP Code]
[Phone Number]
[Email Address]
[Website]
This rent increase notice template complies with residential tenancy laws and provides clear notification of rental payment changes for apartment, house, or condominium tenants.
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