Free Landlord Rent Increase Letter for Month to Month Tenants Template
Landlord Rent Increase Letter for Month to Month Tenants
Noah Walker
432 Maple Road, Townsville,
Districtville, 65432
Noahwalker@email.com
222 555 7777
Benjamin
210 Cedar Street, Hamletville,
Provincetown, 87654
Dear Benjamin,
I hope this letter finds you well. I am writing to inform you of an upcoming change regarding your monthly rent as a month-to-month tenant in our property.
Effective October 1, 2050, there will be a rent increase for your rental unit. The new monthly rental fee will be $1,200. This increase is necessary due to rising costs associated with property maintenance, taxes, and improvements to ensure a comfortable living environment for our tenants.
We understand that any change in rent can be a financial adjustment, and we want to assure you that we have taken this decision after careful consideration. We believe that the new rental fee is in line with the market rates in this area and reflects the value of the property and the services we provide.
We kindly request that you make the necessary adjustments to your budget to accommodate the new rental rate. The rent should be paid monthly, as usual, by the first day of each month. We offer multiple convenient payment methods, including online payment and check submission at our rental office.
If you have any questions or concerns regarding this rent increase, please do not hesitate to contact me. You can reach me via email at Noahwalker@email.com or by phone at 222-555-7777.
Thank you for your understanding and cooperation. We value you as a tenant and look forward to your continued tenancy.
Sincerely,
Noah Walker
Landlord