Rent Increase Notice With Editable Templates

Rent Increase Notice Letter
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When the time comes to raise rent due to various reasons, landlords must send a rent increase notice to cover expenses or remain profitable. However, it can be difficult to navigate how to increase rent and inform tenants legally. If you're searching for a sample Rent Increase Notice to create your letter, you're in the right place. The creation process can be completed in three simple steps to obtain your rent increase notice with our document creator. Let's get started!

download formats

Formats

Word and PDF

Number Of Templates

Number Of Templates

3

Visit Rent Increase Templates

How to Write the Rent Increase letter

1. Select Your Template

1. Select Your Template

Start by clicking "Visit Rent Increase Templates" to pick your preferred template.

2. Fill out the Questionnaire

2. Fill out the Questionnaire

Answer a few questions, and we'll create a draft letter for you.

3. Review and Download Your Letter

3. Review and Download Your Letter

After reviewing, your document is ready to download and use..

What is a notice to increase rent?

Personalize A Simple Rent Increase Notice background photo

A rent increase notice is a formal letter written by the landlord to inform tenants of an upcoming increase in rent. After receiving the notice, tenants have the option to accept, negotiate or reject it, and potentially send a notice to vacate. It's important for landlords to know and comply with the state's notice period requirements before sending the rent increase notice.

Note

We can only use this letter to raise the rent if the existing lease agreement allows or for a 🔗month-to-month rental agreement.

How to legally increase rent and get an acceptance?

Define the new rent

After figuring out the reasons for increasing rent, it's crucial to evaluate the housing market in the area where the property is located. To do this, we suggest using the following method:

  • 🔗Zillow platform - You can check the price directly on the map for your comparison.
  • 🔗Rentometer tool - An excellent tool where you can measure the new increased renting by entering the property's location and further requesting information to ensure the new rent can be competitive.

Review the current lease or rental contract

It's always a good idea to review the terms and conditions of your rental contracts to ensure you're able to increase rent in an appropriate manner. This includes checking when the lease expires and how much notice is required to make changes to the agreement, among other important details.

Check the state notice period where the premises located

While checking the law to increase the rent, you may wonder: "How many days notice for rent increase?" To answer this question, we created a table of the notice periods of each state below for your concern. Though the most common period of notice is 30 days, some states require different conditions:

A table of State notice period (days) for rent increase. You should always check the law at your state to ensure you send rent increase letter appropriately.
State Notice period - TemplatesGo.com

Note

For further information on state law, check out this link from🔗 Nolo.com, a reliable website for legal helps.

Rent increase notice Editable templates

Remember that you can save time and use our editable documents tool to simplify the process. The entire process is just three (3) simple steps as follows:

  1. Simply choose the appropriate template.
  2. Fill out our easy questionnaire with your information.
  3. Review and edit the letter if necessary before downloading it.

Simple Rent Increase Notice

This template is a short rent increase notice outlining common reasons for increasing the price.

Personalize A Simple Rent Increase Notice a simple rent increase notice template to edit and personalize

Notice Of Rent Increase Template

With this template, you can clearly outline your reasons for the rent increase and set a deadline for your tenant's response. Additionally, If the tenant does not agree to the increase, you can also specify the date of the expiration of the month-to-month rental contract in accordance with your state's notice requirements.

Create Your Letter a customized rent increase notice where you specify the reason and set a deadline for tenant's response

Sample Rent Increase Notice

a sample rent increase notice created by templatesgo.com

How to Write the Rent Increase letter

A simple notice to increase rent letter will include the following fundamental details in order:

  • Tenant's information: full name of the person currently renting the unit.
  • Landlord: full name of the owner's property
  • Current Date: the Date this letter is written
  • Premises: the full address of the rental property
  • Current rent: the rent amount the tenant has been paying the landlord
  • New Rent: the increased amount of rent the landlords require
  • Effective Date: when the renter must commence paying the new amount of rent.
  • Mention consequences for nonpayment

When should the landlord send a notice of rent increase?

As we mentioned, there are many reasons that can affect the increase in the rent. Here we compile a list of common reasons in general for your reference:

Recommended tips

It is always highly suggested to be straightforward to tell the causality for raising your tenants' rent. Given understandable reasons will be more likely accepted by the good tenants.

When can the landlord nOT increase the rent? 

On the contrary, there are also some circumstances where the landlord can not raise the rent. It can be considered a contract violation if the landlord does one of the following:

  • When the🔗 lease agreement has not expired or not yet the end month of the monthly rental contract.
  • The landlord did not follow state and house local laws to give the proper notice period.
  • The landlord tries to remove the tenant by increasing the rent. 
  • The landlord raises the rent amount over the local laws on rent control or rent stabilization.
  • The owner retaliates against the 🔗tenant's requests for repairs at the unit or reports a housing code breach.
  • The landlord is racist against the tenant's gender, nationality, or religion.

Even if the matters come from the tenant, the landlords can better solve the problems by following legal processes than handle them by increasing the rent to recover.

How do we deliver this notice?

After completing the letter, it's essential to send it via certified mail with a return receipt. Also, keep the receipt as a record. This ensures that the tenant officially receives the notice and is aware of the rent increase.

Additionally, emailing a copy of the letter can be an excellent way to keep in touch with your tenants. If you live close to the property or in the same building, you can also deliver the notice in person and verbally explain the increase.

After receiving the notice, the tenant will then decide whether to accept the new rent amount, negotiate, or move out.