Puerto Rico Sample Letter for Notification of Rent Increase from Landlord to Tenant

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• Control #: US-0212LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Notice of Rent Increase from Your Landlord — Puerto Rico Tenant [Puerto Rico Tenant's Name] [Address] [City or Town], [Puerto Rico ZIP Code] [Date] Dear [Puerto Rico Tenant's Name], RE: NOTICE OF RENT INCREASE I hope this letter finds you in good health and spirits. We appreciate your tenancy at [Property Name/Address] and would like to take this opportunity to inform you of an adjustment in your monthly rent. This notification is provided in accordance with the tenancy agreement and the tenancy laws of Puerto Rico. As you may be aware, the cost of maintaining the property, providing necessary services and amenities, and meeting various other expenses associated with property ownership have significantly increased over the past year. Thus, it is with regret that we must implement a rent increase effective [Effective Date] in order to ensure the continued quality and upkeep of your rental home. To meet the rising costs and maintain the property's standards, the new monthly rent amount will be [New Rent Amount (in USD)]. This represents an increase of [Percentage Increase] from the current rent amount of [Current Rent Amount (in USD)]. The following details outline the rent increase and its implications: 1. Effective Date: The new rent amount will take effect from [Effective Date], giving you [Notice Period in Days] days' notice as required by Puerto Rico law. 2. New Monthly Rent Amount: The revised monthly rent amount will be [New Rent Amount]. Please make sure to update your future rental payments accordingly. 3. Lease Terms: This rent increase will not alter the existing lease agreement's terms apart from the rent amount. All other conditions and stipulations within the original lease agreement will remain unchanged. 4. Payment Instructions: Continue to remit your monthly rent payments as originally agreed upon. Make any necessary adjustments to ensure the timely payment of the revised amount. We value your presence as a tenant and strive to maintain an amicable landlord-tenant relationship. We believe the increase is reasonable considering the prevailing circumstances and market conditions. Rest assured, we will continue to provide you with prompt assistance for any necessary repairs, maintenance, or inquiries. Should you have any questions or concerns regarding this rent adjustment, please do not hesitate to reach out to us. We are here to address any queries you may have. Thank you for your understanding and cooperation. We appreciate your ongoing tenancy and look forward to continuing a positive leasing experience with you. Yours sincerely, [Your Name] [Landlord's or Property Management Company's Name] [Contact Information]

Subject: Notice of Rent Increase from Your Landlord — Puerto Rico Tenant [Puerto Rico Tenant's Name] [Address] [City or Town], [Puerto Rico ZIP Code] [Date] Dear [Puerto Rico Tenant's Name], RE: NOTICE OF RENT INCREASE I hope this letter finds you in good health and spirits. We appreciate your tenancy at [Property Name/Address] and would like to take this opportunity to inform you of an adjustment in your monthly rent. This notification is provided in accordance with the tenancy agreement and the tenancy laws of Puerto Rico. As you may be aware, the cost of maintaining the property, providing necessary services and amenities, and meeting various other expenses associated with property ownership have significantly increased over the past year. Thus, it is with regret that we must implement a rent increase effective [Effective Date] in order to ensure the continued quality and upkeep of your rental home. To meet the rising costs and maintain the property's standards, the new monthly rent amount will be [New Rent Amount (in USD)]. This represents an increase of [Percentage Increase] from the current rent amount of [Current Rent Amount (in USD)]. The following details outline the rent increase and its implications: 1. Effective Date: The new rent amount will take effect from [Effective Date], giving you [Notice Period in Days] days' notice as required by Puerto Rico law. 2. New Monthly Rent Amount: The revised monthly rent amount will be [New Rent Amount]. Please make sure to update your future rental payments accordingly. 3. Lease Terms: This rent increase will not alter the existing lease agreement's terms apart from the rent amount. All other conditions and stipulations within the original lease agreement will remain unchanged. 4. Payment Instructions: Continue to remit your monthly rent payments as originally agreed upon. Make any necessary adjustments to ensure the timely payment of the revised amount. We value your presence as a tenant and strive to maintain an amicable landlord-tenant relationship. We believe the increase is reasonable considering the prevailing circumstances and market conditions. Rest assured, we will continue to provide you with prompt assistance for any necessary repairs, maintenance, or inquiries. Should you have any questions or concerns regarding this rent adjustment, please do not hesitate to reach out to us. We are here to address any queries you may have. Thank you for your understanding and cooperation. We appreciate your ongoing tenancy and look forward to continuing a positive leasing experience with you. Yours sincerely, [Your Name] [Landlord's or Property Management Company's Name] [Contact Information]