Rent Increase Notice

Document Sample
Rent Increase Notice Powered By Docstoc
					This attorney drafted letter sets forth a template to be sent by a landlord or management
company to a tenant notifying the tenant of a rent increase pursuant to a lease. The
letter allows the landlord to specify the amount of the rent increase, when the increase
will take effect, and what the new monthly rent amount will be. This template letter
should be used by landlords seeking to notify tenants of rent increases.
             _____ [Instruction: Insert landlord or management company letterhead.]


____ [Instruction: Insert date.]

____ [Instruction: Insert Tenant’s name.]
____ [Instruction: Insert address.]
____ [Instruction: Insert city, state, zip code.]

[Comment: Landlord should carefully review the applicable lease provisions and state law
and ensure the rent increase is permitted pursuant to the lease and applicable statutes at
the time this letter is sent. Also, ensure any notice provisions are carefully followed.]


                   Re: Rent increase for property located at ____ [Instruction: Insert property
                   address.]

Dear ____: [Instruction: Insert Tenant’s name.]

I am the owner of the property located at ____ [Instruction: Insert address of property being
leased, including apartment number, if any.]. [Comment: If this notice is being sent by a
management company, ensure the applicable lease provisions permit such notice to be sent
by a management company, and if so, revise to state: “We are the management company
for the property located at ____ [Instruction: Insert property address.] and are sending this
notice at landlord’s request.] Pursuant to ____ [Instruction: Insert applicable lease
provision(s) detailing rent increases and notice.] of that certain written lease agreement (the
“Lease”) dated ___ [Instruction: Insert lease date.] by and between ____, [Instruction: Insert
Landlord’s name.] as landlord (“Landlord”), and ____ [Instruction: Insert Tenant’s name.] as
tenant (the “Tenant”), this letter shall serve as notice of an increase of $ __________
[Instruction: Insert increase amount to monthly rental payments.] to your monthly rent
payments. The new monthly rent amount will be $ __________ [Instruction: Insert new
monthly rental amounts.] and it will take effect as of __________ [Instruction: Insert
increase effective date.] through the end of the Lease, unless you are notified otherwise in
writing.

[Comment: If the Lease terms permit and Landlord is requiring, a statement regarding any
additional security deposit due as a result of the rental increase should be included here.]



© Copyright 2011 Docstoc Inc. registered document proprietary, copy not                   2
All other Lease terms remain in full force and effect and are not modified in any way by this
notice.

Sincerely,



[Instruction: Insert Landlord’s signature block.]




© Copyright 2011 Docstoc Inc. registered document proprietary, copy not               3

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:523
posted:12/8/2011
language:English
pages:4
Description: This attorney drafted letter sets forth a template to be sent by a landlord or management company to a tenant notifying the tenant of a rent increase pursuant to a lease. The letter allows the landlord to specify the amount of the rent increase, when the increase will take effect, and what the new monthly rent amount will be. This template letter should be used by landlords seeking to notify tenants of rent increases.
Customize This Document Instantly download your personalized document Guided Fill-in-the-Blank Process