Dear [Tenant's Name], I hope this letter finds you in good health and high spirits. I am writing to inform you of an important update regarding the rental property you currently occupy at [Property Address] in Fairfax, Virginia. After careful consideration and in line with the current market trends, I have made the decision to increase the rent for the aforementioned property. Fairfax is a vibrant and culturally rich city located in Northern Virginia, just a short distance from Washington D.C. Known for its history, diverse community, and high standard of living, Fairfax offers a wide range of opportunities and amenities for its residents. From its well-regarded school systems to its bustling shopping centers, there is something for everyone in this thriving city. As the landlord, it is necessary for me to adjust the rent in response to the increased costs of property maintenance, taxes, and other associated expenses. This decision has not been taken lightly and has been carefully considered ensuring the affordability and quality of the property for both parties involved. The new rent amount will be increased by [Percentage or Dollar Amount]. Effective from [Date], the new monthly rent will be [New Rent Amount]. This adjustment will enable me to continue providing a high standard of service and maintaining the property to its optimal condition, ensuring your comfort and satisfaction as a valued tenant. I understand that rent increases can present financial challenges, and I sympathize with any concerns you may have. However, please note that this adjustment is necessary to account for the rising costs of living in Fairfax and to ensure that the property remains well-maintained for your continued enjoyment. If you have any questions or would like to discuss this further, I encourage you to reach out to me at your earliest convenience. I am more than willing to address any concerns or provide additional information to clarify this decision. Additionally, please be aware that according to the terms of our rental agreement, you have the right to accept or decline this rent increase. If you choose not to accept the new rental terms, you will have the option to terminate your lease agreement with a notice period of [Number of Days] days, as outlined in our lease agreement. However, I sincerely hope that we can come to an agreement that works for both parties and continue our positive landlord-tenant relationship. Thank you for your attention to this matter, and I appreciate your understanding in this regard. I value your tenancy and hope that this increase will not cause any significant inconvenience. Should you need any further assistance or clarification, please do not hesitate to contact me. Best Regards, [Your 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.