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Names of all tenants. Limits on occupancy. Term of the tenancy. Rent. Deposits and fees. Repairs and maintenance. Entry to rental property. Restrictions on tenant illegal activity.
Dear (Name of landlord or manager), This letter constitutes my written (number of days' notice that you need to give based on your lease agreement)-day notice that I will be moving out of my apartment on (date), the end of my current lease. I am leaving because (new job, rent increase, etc.)
Rent review clauses set intervals during a lease at which the rent can be reviewed and changed to reflect the ever-evolving economic environment.This means that the rent may increase at the relevant review date to reflect a strong economic environment or remain static.
What is rent review? Rent reviews allow landlords of commercial property to periodically adjust the rent charged to tenants based on different factors. As a landlord you will want to review the rents on your properties as set out in the lease. Doing so will increase your rental income and profitability.
Rent Review Memorandum Template This Rent Review Memorandum should be used to document the new rent that is agreed after a rent review. The parties should each retain a signed copy which they should attach to their copy of the lease.