How To Write A Rent Increase Letter To Tenant. Ad legally binding rent increase notice. Date the rent increase will go into effect.
It is a formal business letter that simply and clearly states the facts without complaints or accusations. You should write the tenant’s address in the middle of the envelope and. Developed by lawyers, customized by you.
The Reasons Could Be Anything From A New Homeowners’ Association Fee To An Increase In Taxes.
This letter is to formally inform you that starting on [date], the monthly rent for the house you currently occupy at the above address will be raised $50 from [amount] to [amount]. It is appropriate that you compliment your tenants and tell them how impressed you are to have them. Date of the rent increase letter.
What To Include In A Rent Increase Letter.
Real estate, family law, estate planning, business forms and power of attorney forms. Your monthly rent will be [amount] per month. As before, you can pay with a personal check or with cash.
Be Friendly, But State Quite Simply What Is Happening And Why.
Property address and unit number (if applicable). When beginning a rent increase letter, remind the tenant of the evaluation period and that they are within this time frame. And no, an email doesn’t count.
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The first rule of writing a rent increase letter is to put it in writing. A notice of rent increase letter should include the following: When deciding the new rent for the tenant it is best to see what the comparables are in the area.
Effective [Date] Your Monthly Rent Will Increase By [Amount].
Number {number} dear {tenant name}, due to {reason for increase}, we must regretfully increase our rental rates. A rent increase letter contains the following details: While you want to keep your notice concise, consider writing a brief explanation as to why you’re increasing rent.
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