Sample Rent Increase Letter

Sample Rent Increase Letter

If you are a landlord and have decided to raise the monthly rental amount on your units, you will need to send each tenant a Rent Increase Letter. You will need to make sure you follow all state and local laws about when you are eligible to raise the rent to avoid potential legal disagreements. A Rent Increase Letter Sample can be found through the link below.

To write a Rent Increase Letter, include the following information:

  1. Your name and contact information.
  2. Today's Date.
  3. The tenant's name and address of the rental unit.
  4. Memo line stating rent increase and date it begins.
  5. Opening salutation.
  6. Explain that this letter serves as notice that the tenant's rent will be increasing as of [date rent increase goes into effect].
    • This rent increase cannot occur if the lease term is still current;
    • A tenant must be notified 30 to 60 days in advance of the increase.
  7. The rental increase must be a reasonable amount compared to the current market value.
  8. Be sure to mention that if the tenant rejects the rent increase they will need to vacate the property before the increase goes into effect or face eviction.
  9. Closing salutations and your signature.

Haven't found the template you're looking for? Take a look at the related templates and samples below:

ADVERTISEMENT

Download Sample Rent Increase Letter

4.4 of 5 (23 votes)
  • Rent increase letter template - Sample document preview
ADVERTISEMENT