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.
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.
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Remember you're a business. Do your research. Raise the rent all at once or incrementally. Don't negotiate or ask tenants what they think a fair rent increase would be. Be courteous and firm. Find a template you like. Send a formal letter by certified mail. Give the tenant notice.
Dear (Name of landlord or property manager), My name is (Your name) and I have a keen interest in renting the apartment you have available at (Property name or address). I currently live at (Your current address) and have lived there for (XX) years.
Tenant's name. Property address. Landlord name and contact information. Date the letter is written. Date the rent increase will take effect. Amount of rent increase. Current cost of rent.
Your name and address. Your Landlord's name and address. The date your notice period ends. A forwarding address. A request for tenancy documentation such as the tenancy agreement or deposit details. A reason for a request to terminate the tenancy early (if applicable)
Today's Date. Landlord's Name. Property Address and Unit Number. State Your Desire to Move Out of the Apartment. Include Desired Move-Out Date. That You Expect the Return of Your Security Deposit Under State Law. A Forwarding Address Where Your Security Deposit Can Be Sent.
A landlord can only increase a unit's rent once every 12 months, beginning January 1 or the date the unit came on the market (whichever is earlier).
I am giving 1 month's notice to end my tenancy, as required by law. I will be leaving the property on (date xxxxx). I would like you to be at the property on the day I move out to check the premises and for me to return the keys. I also need you to return my tenancy deposit of (state amount).
In most states, a landlord must give tenants notice at least 30 days before they'll enforce a rent increase. However, in other states like California, the notice can increase to 60 days' notice if the increase is more than 10% of the current rent rate.
The rental property address, including unit number (if applicable) The names of all tenants on the lease agreement. The date the lease violation notice was written. The specific reason for the notice. The time and date the violation occurred (if applicable)