This is a notice provided by the Landlord to Tenant explaining that once the lease term has expired. Tenant has the option of vacating the premises or remaining on the premises provided that they abide by the posted rent increase.
[Your Name] [Your Address] [City, State, ZIP] [Date] [Tenant's Name] [Tenant's Address] [City, State, ZIP] Dear [Tenant's Name], RE: NOTICE OF RENT INCREASE AND EFFECTIVE DATE I hope this letter finds you well. We appreciate your tenancy at [Property Address] in Hillsboro, Oregon and would like to take this opportunity to communicate a necessary adjustment to your rental agreement. As property owners, we have carefully assessed the current market conditions, operating expenses, and the overall maintenance costs associated with managing the property. Consequently, it has become imperative that we implement a rent increase to ensure the continued quality of our rental units and services. Effective [Effective Date], your monthly rent will be amended from its current amount of [Current Rent] to the revised amount of [New Rent]. This adjustment reflects an increase of [Rent Increase Percentage/Amount], resulting in a new monthly rental payment of [Total Rent After Increase]. We understand that any rent increase may cause financial implications, so we have endeavored to keep this increase reasonable and in line with the current market rates for similar properties in the area. We believe that this adjustment will provide a sustainable investment in our property, enabling us to make necessary enhancements and carry out timely maintenance to ensure your continued comfort. To facilitate a seamless transition, we kindly request that you update your payment arrangements accordingly. Starting from [Effective Date], please ensure that your monthly rent reflects the revised amount by [Payment Due Date]. You may adjust your payment schedule to reflect this increase accordingly. We value your tenancy and understand that open communication is vital to fostering a positive landlord-tenant relationship. Should you have any questions, concerns, or wish to discuss this matter further, please do not hesitate to contact us at [Your Phone Number] or [Your Email Address]. We are committed to working with you to address any issues or answer any queries you may have. Thank you for your understanding and cooperation. We take pride in providing a comfortable living environment for all our valued tenants and appreciating your continued support in maintaining the quality of our property. Yours sincerely, [Your Name] [Your Title/Position] [Property Management Company Name] [Contact Information] Keywords: Hillsboro Oregon, letter from landlord, tenant, rent increase, effective date, rental increase, property address, market conditions, operating expenses, maintenance costs, reasonable increase, market rates, financial implications, payment arrangements, positive relationship, open communication, living environment, property management company.[Your Name] [Your Address] [City, State, ZIP] [Date] [Tenant's Name] [Tenant's Address] [City, State, ZIP] Dear [Tenant's Name], RE: NOTICE OF RENT INCREASE AND EFFECTIVE DATE I hope this letter finds you well. We appreciate your tenancy at [Property Address] in Hillsboro, Oregon and would like to take this opportunity to communicate a necessary adjustment to your rental agreement. As property owners, we have carefully assessed the current market conditions, operating expenses, and the overall maintenance costs associated with managing the property. Consequently, it has become imperative that we implement a rent increase to ensure the continued quality of our rental units and services. Effective [Effective Date], your monthly rent will be amended from its current amount of [Current Rent] to the revised amount of [New Rent]. This adjustment reflects an increase of [Rent Increase Percentage/Amount], resulting in a new monthly rental payment of [Total Rent After Increase]. We understand that any rent increase may cause financial implications, so we have endeavored to keep this increase reasonable and in line with the current market rates for similar properties in the area. We believe that this adjustment will provide a sustainable investment in our property, enabling us to make necessary enhancements and carry out timely maintenance to ensure your continued comfort. To facilitate a seamless transition, we kindly request that you update your payment arrangements accordingly. Starting from [Effective Date], please ensure that your monthly rent reflects the revised amount by [Payment Due Date]. You may adjust your payment schedule to reflect this increase accordingly. We value your tenancy and understand that open communication is vital to fostering a positive landlord-tenant relationship. Should you have any questions, concerns, or wish to discuss this matter further, please do not hesitate to contact us at [Your Phone Number] or [Your Email Address]. We are committed to working with you to address any issues or answer any queries you may have. Thank you for your understanding and cooperation. We take pride in providing a comfortable living environment for all our valued tenants and appreciating your continued support in maintaining the quality of our property. Yours sincerely, [Your Name] [Your Title/Position] [Property Management Company Name] [Contact Information] Keywords: Hillsboro Oregon, letter from landlord, tenant, rent increase, effective date, rental increase, property address, market conditions, operating expenses, maintenance costs, reasonable increase, market rates, financial implications, payment arrangements, positive relationship, open communication, living environment, property management company.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
