Rental Increase Notice Letter
Rental Increase Notice Letter
January 1, 2050
[RECIPIENT'S NAME]
[RECIPIENT'S ADDRESS]
Dear [RECIPIENT'S NAME],
I hope this letter finds you well. I am writing to notify you about the changes in the monthly rent for your rental property located at [RECIPIENT'S STREET ADDRESS]. By your lease agreement and my right as a landlord, I am providing a 60-day advance notice for the rent increase which will be effective from March 1, 2050.
The monthly rent is currently $______. As of March 1, 2050, it will increase to $______ per month. Please note, that this rent increase is a necessary step to cover the maintenance and increasing property costs. I assure you that this revision is competitive with current market rates.
I value your tenancy and appreciate your understanding in this matter. If you have any queries, please do not hesitate to contact me at [PHONE NUMBER] or [EMAIL ADDRESS].
Sincerely,
[YOUR NAME]
