Dear [Tenant's Name], I hope this letter finds you well. We wanted to inform you of a change related to your lease agreement for [Property Address] located in Cuyahoga, Ohio. As your landlord, we strive to maintain the property and provide a comfortable living environment for all our tenants. However, due to various factors affecting the rental market in Cuyahoga, we find it necessary to increase the rent starting from [Date of Increase]. Cuyahoga County is a vibrant area within the state of Ohio, offering a diverse range of communities and amenities. Known for its rich history, beautiful landscapes, and flourishing economy, Cuyahoga County is home to numerous attractions such as the renowned Cleveland Metro parks, Cuyahoga Valley National Park, Cleveland Museum of Art, and the Rock and Roll Hall of Fame. With a mix of urban areas and suburban neighborhoods, Cuyahoga County provides an ideal balance for individuals and families alike. As property values have been steadily increasing in Cuyahoga County, we have conducted a thorough market analysis, considering factors such as the current rental rates and demand for properties similar to yours. After careful consideration, we have determined that an adjustment in rent is necessary to ensure the continued maintenance and improvement of our property, as well as to align it with the prevailing market rates. Effective from [Date of Increase], your monthly rent will be increased by [Amount of Increase]. This amount is reasonable and competitive within the local rental market, taking into account factors such as property taxes, maintenance costs, and inflation. The increased rent will help us maintain the quality of the property, address any repairs or upgrades needed, and ensure that we can provide timely responses to your requests. We understand that unexpected financial changes might be challenging to navigate. However, we believe that the increase is fair and necessary for the welfare of both parties involved. It is important to note that our goal is to provide a safe, comfortable, and well-maintained living space for you, and we are committed to addressing any concerns promptly and efficiently. We kindly request your acknowledgement of this rent increase by signing and returning the enclosed copy of this letter within [number of days] days. If you have any questions or concerns regarding the increase, please do not hesitate to contact our office. We are more than willing to discuss this matter with you and address any queries you may have. We truly value your tenancy and look forward to continuing our positive landlord-tenant relationship. Thank you for your cooperation and understanding in this matter. Sincerely, [Landlord's Name] [Landlord's 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.