Subject: Notification of Rent Increase for [Property Address] [Date] Dear [Tenant's Name], I hope this letter finds you well. We appreciate your tenancy at [Property Address] and would like to take this opportunity to inform you of an upcoming change in the rental amount effective [specific start date]. Collin Texas Sample Letter for Notification of Rent Increase from Landlord to Tenant. After careful consideration of various factors, such as inflation, property maintenance costs, and market value, we have found it necessary to implement a slight adjustment in the rent. The new monthly rental amount for [Property Address] will be [new rental amount], starting from [specific start date]. We understand that rent increases can be burdensome, and we aim to maintain a fair and reasonable approach. As responsible landlords, we are committed to providing you with a comfortable living environment. We continuously strive to make necessary improvements in the property, ensuring your satisfaction and maintaining competitiveness within the rental market. It is important for us to emphasize the value you receive for your hard-earned money. [Highlight any unique amenities or services provided]. We believe that the proposed increase is reflective of the fair market value for similar properties in the area. To ensure transparency, we have thoroughly researched rental rates in the Collin Texas area. [Include any relevant local rental market data if available]. This research reinforced our decision to implement this adjustment, which will enable us to continue offering you a well-maintained residence. Please note that this rent increase will not affect the terms and conditions of your lease agreement, other than the modified rental amount. All other provisions, including move-in/move-out dates, security deposit, and maintenance responsibilities, remain unchanged. We kindly request your acknowledgment and acceptance of this rent increase by signing and returning the attached copy of this letter within [specific time frame, usually 30 days]. Additionally, should you have any questions or require further clarification regarding this matter, we encourage you to reach out to our dedicated property management team. We are committed to addressing any concerns you may have and ensuring a smooth transition with this adjustment. We value your continued tenancy and trust that you understand the necessity of this rent increase. Collin Texas Sample Letter for Notification of Rent Increase from Landlord to Tenant. Thank you for your attention, and we look forward to your prompt response. Best regards, [Your Name] [Your Title/Position] [Property Management Company Name] [Contact Information]
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.